Is it possible to form a sort of temporary joint venture to take part in project partnership?
The beneficiaries that can apply to the Programme calls are: • Public bodies; • Public equivalent bodies, governed by public law; • Private bodies, including SMEs. Therefore, only juridical entities can be granted by the IPA Adriatic Programme. The temporary joint venture or temporary consortium between the above category of beneficiaries is not a juridical entity but it is only a partnership contract, without direct effect in the Programme. So, the beneficiary of the Programme funds shall be the temporary consortium legal representative. Anyway, the temporary consortium is relevant in the Programme rules, for the recognition of the expenses incurred by the members of this temporary consortium, as costs attributable to the final beneficiary of the Programme funds. In this case, the beneficiary, legal representative of the temporary consortium, shall produce a copy of the measure giving rise to rights to the Programme Managing Authority and to the Lead Partner of the project. Neverthele
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