Budget
Article 4
1. In accordance with Article 6(1) of Regulation (EU) No 1291/2013, the financial envelope for the implementation of the specific programme shall be EUR 74 316,9 million. 2. The amount referred to in paragraph 1 of this Article shall be distributed among the six Parts set out in Article 2(2) of this Decision in accordance with Article 6(2) of Regulation (EU) No 1291/2013. The indicative budgetary breakdown for the specific objectives set out in Article 3 of this Decision and the maximum overall amount of the contribution to the actions of the JRC are set out in Annex II to Regulation (EU) No 1291/2013. 3. No more than 5 % of the amounts referred to in Article 6(2) of Regulation (EU) No 1291/2013 for Parts I to V of the specific programme shall be for the Commission's administrative expenditure. The Commission shall ensure that during the programme its administrative expenditure will decrease and it will endeavour to reach a target of 4,6 % or less in 2020. These figures shall be subject to review as part of the Horizon 2020 interim evaluation as laid down in Article 32(3) of Regulation (EU) No 1291/2013. 4. Where necessary, appropriations may be entered in the budget beyond 2020 to cover technical and administrative expenses, in order to enable the management of activities not yet completed by 31 December 2020.