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For market validation projects, the Guide for Proposers says that milestones are not compulsory in the investment plan. How shall we present the investment cost then?

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For market validation projects, the Guide for Proposers says that milestones are not compulsory in the investment plan. How shall we present the investment cost then?

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In all eTEN proposals, an estimate or a plan for the total investment costs has to be given, as described in the Guide for Proposers, Section II and Annex 4. These investment costs cover both phases, the market validation and the initial deployment phase, and exclude costs outside these phases. The table of investment cost in Part B of the proposal shall provide a breakdown of the investments. This breakdown should be presented with enough detail to allow a judgment, that the underlying figures are realistic and necessary for the project. For initial deployment projects, the investment amounts shall also be assigned to the milestones of the project. For market validation projects, it is not mandatory to provide a breakdown by milestones, but the total amounts (last column of the table) must be given.

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