Project
Instructions for requests for release of funds
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The second and third installment will be released on receipt of (Para 9 of Mission Guideline):
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These documents should show (Para 9 of Mission Guideline):
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Utilization of 75% of the amount already released by the Centre and State according to the funding pattern given in Para 5 of AMRUT guidelines,
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Utilization of the State/ULB/Private Sector shares, and
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Meeting the service level milestones as assured in the roadmap contained in SAAP and certified in the report of the Independent Review And Monitoring Agency (IRMA).
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Release of the second and third installments of CA will be subject to:
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Mobilizing the assured resources as given in the SAAP by the States/UTs, and
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Any other conditions imposed by the SHPSC and the Apex Committee.
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Recognizing the fact that all approved projects may not be progressing at an equal pace, States may, in exceptional circumstances, submit their proposals for release of second and third installments for a set of ULBs/projects as and when 75 percent utilization and other conditions are fulfilled.
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Any excess or shortfall in the first installment of 20% released on the basis of estimated cost shall be adjusted while releasing the second / third installment of CA which will be based on approved cost. The approved cost is the appraised cost or the tendered cost of the project (whichever is less).
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