Almost €13 billion requested for CEF transport projects

CEF programme
17/02/2016
The Innovation and Networks Executive Agency (INEA) has received 427 project proposals by the 16 February 2016 deadline for the 2015 CEF Transport Calls for Proposals, requesting €12.96 billion in total EU funding. The total available budget for the call is €7.6 billion. Evaluation of the project proposals with the help of external experts will start in March

The 2015 CEF Transport Calls for Proposals closed on 16 February 2016 at 17:00 (Brussels time) with INEA receiving 427 project proposals under two calls:

  • CEF-Transport-2015-Cohesion envelope
  • CEF-Transport-2015-General envelope

In total, €12.96 billion were requested, whereas the available indicative funding is €7.56 billion. This represents an overall oversubscription rate of 1.71.

Detailed submission data:

Call Number of Proposals Requested Funding (€ billion) Available Budget (€ billion) Oversubscription rate
CEF-Transport-2015- Cohesion 140 9.79 6.47 1.51
CEF-Transport-2015- General 287 3.17 1.09 2.91
TOTAL 427 12.96 7.56 1.71

 

Admissibility and eligibility of the project proposals will now be checked and the proposals will then be evaluated against the specific award criteria of the calls. The evaluation process, which will involve external experts, is expected to be concluded by July at the latest, when the final results will be announced.

 

The calls opened for submission on 5 November 2015.

 

Source: INEA