10 Payment terms are specified in the agreement. Payments of more than 50% of the total grant amount against the receipt of the countersigned contract (1st deliverable) are not permitted. In addition, a minimum of 10% of the grant amount must be retained and only paid after the submission and acceptance of the final reports (receipt of GLOA report). As a consequence, the expenditure corresponding to a minimum of 10% of the grant amount is pre-financed by the grantee and reimbursed by WHO after review and acceptance of the final reports. Exceptional approval must be obtained from DAF or Comptroller should specific circumstances warrant an exception to these terms. UN agencies are exempted from this requirement, full advance payment may be made to UN agencies without Comptroller /DAF pre-approval.
