FantasticSearch

1. Grants shall take the form of financing not linked to costs, pursuant to Article 180(3) of the Financial Regulation.

2. The level of the Union contribution attributed to each action may be defined on the basis of factors such as:

(a) the complexity of the common procurement, for which a proportion of the estimated value of the common procurement contract and the experience gained in similar actions may serve as an initial proxy;

(b) the characteristics of the cooperation which are likely to give rise to greater interoperability outcomes and long-term investment signals to industry; or (c) the number of participating Member States and associated countries or the inclusion of additional Member States or associated countries in existing cooperations.

3. The Union financial contribution to each action shall not exceed 15 % of the amount referred to in Article 4(1) and shall be capped at 15 % of the estimated value of the common procurement contract per consortium of Member States and associated countries.

4. By way of derogation from paragraph 3 of this Article, the Union financial contribution to each action may amount to up to 20 % of the amount referred to in Article 4(1) and shall be capped at 20 % of the estimated value of the common procurement contract where at least one of the following conditions is met:

(a) Ukraine or Moldova are one of the recipients of additional quantities of defence products in the procurement action, in accordance with Article 9(3);

(b) at least 15 % of the estimated value of the common procurement contract is allocated to SMEs or midcaps as contractors or subcontractors.