Selection procedure
Article 5
1. The calls for proposals shall be published in the Official Journal of the European Union . 2. Member States shall collect funding applications for projects that are intended to take place on their territory. However, where a project is intended to take place on the territory of several Member States (hereinafter a ‘transboundary project’), the Member State receiving the funding application shall inform the other Member States concerned thereof and shall cooperate with the other Member States with a view to reaching a common decision on the submission of the project by the Member State receiving the funding application. 3. Member States shall assess whether a project meets the eligibility criteria referred to in Article 6. Where this is the case and where the Member State supports the project, that Member State shall submit the proposal to the EIB and inform the Commission thereof. When submitting proposals for funding, the Member State shall provide the following information for each project: (a) the relevant costs, in euro, referred to in Article 2(3); (b) the total request for public funding in euro, which is the relevant costs minus any contribution to those costs from the operator; (c) the best estimate of the net present value of additional benefits resulting from support schemes as calculated according to Article 3(5); (d) for CCS demonstration projects, the total projected amount of CO 2 stored in the first 10 years of operation, or, for RES demonstration projects, the total projected amount of energy produced in the first 5 years of operation. Member States shall also notify the Commission of any financing for the project involving State aid pursuant to Article 108(3) of the Treaty so as to allow coordination of the selection procedure with the State aid assessment. 4. On the basis of the proposals submitted pursuant to paragraph 3 of this Article, the EIB shall perform an assessment of the financial and technical viability (financial and technical due diligence) of the project in accordance with Article 7. Where that assessment has been concluded positively, the EIB shall, in accordance with Article 8, make recommendations for award decisions to the Commission. 5. On the basis of the recommendations referred to in paragraph 4, after reconsulting the Member States concerned to confirm, where appropriate, the value and structure of the total public funding contribution, and following an opinion from the Climate Change Committee pursuant to Article 3 of Council Decision 1999/468/EC ( 3 ) , the Commission shall adopt award decisions addressed to the relevant Member States, indicating the awarded funding for the projects concerned in euro.