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If your proposal is accepted, you will be asked to sign a detailed contract called the Grant Agreement. signing a grant agreement and how payments are made. Intermediate and final payments are contingent on project results. It is important to report on the progress of your project in accordance with the reference schedule of the grant agreement. Subsidies are usually paid in several tranches over the life of the project. Once you have signed the grant contract, you will receive a pre-financing that can be followed by one or more interim payments. You will receive the last payment after the project is completed. As a candidate, you may need to follow a number of steps at this point.