Article 3

The financial reference amount for the implementation of the project activities referred to in Article 1(2) shall be EUR 7 178 924,36. The total estimated budget of the overall project shall be EUR 8 368 151,36. The part of that estimated budget not covered by the reference amount shall be provided through co-financing by the Government of the Federal Republic of Germany and Expertise France.

The expenditure financed by the reference amount set out in paragraph 1 shall be managed in accordance with the procedures and rules applicable to the Union's budget.

The Commission shall supervise the proper management of the expenditure referred to in paragraph 1. For that purpose, it shall conclude the necessary financing agreements with BAFA and Expertise France. The financing agreements shall stipulate that BAFA and Expertise France are to ensure the visibility of the Union's contribution, appropriate to its size.

The Commission shall endeavour to conclude the financing agreements referred to in paragraph 3 as soon as possible after the entry into force of this Decision. It shall inform the Council of any difficulties in that process and of the date of conclusion of the financing agreement.