About us
The
Directorate within the Ministry of Finance was originally formed as a sector in 2007., and later in 2014. it became the Directorate responsible for the indirect management of funds provided through the
Instrument for Pre-Accession Assistance - IPA, pursuant to the financial agreements
signed by the Government of Montenegro and the European Commission financed
under IPA. It is responsible for contracting, payment and
implementation of programs and projects financed by European Union funds.
Directorate is composed of four divisions:
1. Contracting
Division – in charge of the process of contract and project
implementation;
2. Finance
and Account Division – in charge of impelmentation of financial controls and
financial reporting;
3. Quality
Assurance Division – in charge of a quality control and horizontal questions
of the Directorate;
4. First
Level Control Division – in charge of dedicated expenditure of the EU assistance funds
of the first level within trilateral and transnational programmes with
Montenegro as participant.
As the Contracting Authority/Implementing Agency performs tasks
related to:
· implementation of public
procurement procedures for projects under programmes financed from EU funds;
· preparing and concluding contracts with selected
contractors/beneficiaries;
· monitoring of
implementation and preparation of amendments to the contracts;
· implementing
administrative and on-the-spot checks, aimed at reports' verification on
implementation of the contracts, submitted by contractors/beneficiaries;
· planning of needs for
financial resources and preparing the budget plan of the Directorate;
· financial management,
control and accounting in connection with contracts financed by the EU funds
· reporting on
irregularities and potential risks and the implementation and monitoring of
corrective measures.