Counterpart

  • May 15, 2021
  • Ingesto
  • 1 min read

Financial participation that the Recipient of a voluntary transfer is contractually committed to apply in a Project. The coverage of Counterpart for the Recipient This can be done through a loan or your own income. It also identifies the application of resources by the Union, in the case of Credit Operation or donations.

Also:

It is the corresponding part of goods and services with which the OSC will be able to participate in the total value of the Partnership for the execution of the Object proposed.

Not required Counterpart financial as a requirement for entering into Partnership, providing the requirement for Counterpart in goods and services whose monetary expression will be obligatorily identified in the Collaboration Term or development (Law No. 13,019, art. 35, § 1°)