Article 3
1. The financial reference amount for the implementation of the project covering the activities referred to in Article 1(2) shall be EUR 4 500 000. 2. The expenditure financed by the reference amount set out in paragraph 1 shall be managed in accordance with the procedures and rules applicable to the Union budget. 3. The Commission shall supervise the proper management of the expenditure set out in paragraph 1. For this purpose, it shall conclude a grant agreement with the Consortium. The agreement shall stipulate that the Consortium is to ensure visibility of the Union’s contribution, appropriate to its size. 4. The Commission shall endeavour to conclude the agreement referred to in paragraph 3 as soon as possible after the entry into force of this Decision. It shall inform the Council of any difficulties in that process and of the date of conclusion of the agreement.