The financial assistance to the Applicant Agency shall be provided in Milestone wise or Single Stage as under:
Milestone-wise Payment Structure: Program Duration-120 days and above
Sl. No.MilestonePercentage of approved GrantPayment1Mobilization AdvanceUp to 15%Upon signing the grant agreement by providing a Bank Guarantee of similar amount*2Milestone 140%Installments shall be paid upon satisfactory completion of pre-defined milestones and submission of expenditure reports and supporting documents.3Milestone 230%Installments shall be paid upon satisfactory completion of pre-defined milestones and submission of expenditure reports and supporting documents.4Milestone 330%Installments shall be paid upon satisfactory completion of pre-defined milestones and submission of expenditure reports and supporting documents.*The mobilization advance will be set off in the next installment upon receipt of the claim against satisfactory completion of activities under 'Milestone-1'. The Bank Guarantee provided shall be returned upon payment against the completion of ‘Milestone -1’.
Single Stage Payment Structure: Program Duration- Less than 120 days
Single Stage: upon successful completion of the program, verification, and submission of expenditure reports and supporting documents.
Note 01: The amount of Financial Assistance/Grant provided to the Applicant Agency shall be decided by the Competent Authority in MoRTH based on the expected outcome and impact of the proposed programme.
Note 02: The maximum financial assistance to an Applicant Agency for a programme shall not be more than double the maximum value of the project executed by the Applicant Agency during the last 3 years.
> Scheme for grant of Awards to the Agencies involved in Road safety advocacy and allied activities:
Ministry of Road Transport & Highways shall give three awards (first, second, and third) in each State/UT to the individuals or agencies engaged in road safety advocacy and allied activities to recognize the outstanding work carried out by them. The details of the awards are as follows.
Sl. No.CategoryAmount11st prize₹5,00,000/-+ Certificate22nd prize₹2,00,000/- + Certificate33rd prize₹1,00,000/- + Certificate> Reimbursement of TA/DA:
The awards may be received by the Individual or the authorized representative of the selected agency. The outstation winners will be reimbursed a lump sum of ₹25,000/- per person (subject to a maximum of two persons per agency) to meet the costs towards travel and accommodation.
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