Information for Beneficiaries Related to Annex No. 5 of the Bilateral Fund Guide, Version 1.1


Due to an apparent inconsistency caused by a typographical error during the update of the Manual for the Bilateral Fund to Version 1.1, and its Annex No. 5, "Methods for Calculating the Subsistence Costs and Travel Costs," we hereby inform the beneficiaries that when calculating travel costs for business trips to and from Iceland, according to Part 4 of the aforementioned annex, in accordance with Example I mentioned in Part 4, additional travel costs of up to 50% of the unit cost shall apply, with the exception of the main tourist season (June - August).

The corrected version of Annex No. 5, including tracked changes