The Intermediate Body for financial management (IBFM) for the IPA Cross-border Cooperation Programme Serbia – Montenegro 2021-2027 is the Government of the Republic of Serbia, the Central Financing and Contracting Unit (CFCU) of the Republic of Serbia.

Central Financing and Contracting Unit (CFCU)
Address: Balkanska 53,
11 000 Belgrade,
Phone: +381 11 2021 389

The Intermediate Body for financial management (IBFM) responsibilities are the following:

  • manage procurement procedures, grant award procedures and other contracting procedures, in accordance with Article 18, 19 and 22;
  • ensure that the activities are selected for funding in accordance with the procedures and criteria applicable to the programme, action, call for tender and call for proposals;
  • conclude contracts and addenda;
  • authorise payments to the recipients of IPA III assistance;
  • authorise recoveries from the recipients of IPA III assistance.