Cedefop, as an Agency of the European Union, possesses its own legal personality and may enter into contractual relationships with persons, companies and other legal entities. It is therefore subject to the provisions of the Financial Regulation applicable to the general budget of the European Union, the Cedefop Financial Regulation and the relevant EU procurement directives for the award of public contracts and Grant agreements, and works in line with the basic principles of transparency, equal treatment and non-discrimination, widest competition, proportionality and sound financial management.

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