Step 11 – MAR – Comisión Fílmica de Colombia

Step 11

Project and budget implementation

Application stage: Aprobación CINA

01.

02.

03.

04.

Application

Approval

Project accreditation

Issuance of the Audiovisual Investment Certificate

(Select the step you want to know about)

The implementation stage is when the project becomes a reality. To develop this point, it is necessary to:

Carry out the proposed project activities in Colombia.
Carry out hiring through the co-production company or film services company.
Execute the budget and ensure compliance with the established minimum expenditure.

Remember that...

The contract details the use of logos and establishes exceptions or alternatives when it is not possible to include them.
Proimágenes defines how the obligations apply depending on the type of project.

Frequently asked questions

What happens if any of the commitments made are not fulfilled?
Proimágenes may suspend the delivery of the last CINA certificate or the corresponding disbursement.

Is it possible to request an increase in the CINA-subject expenditure budget if the expenditure in Colombia exceeds the amount initially approved?
Yes, an additional amount of up to 50% of the previously approved CINA expenditure may be requested. This involves submitting the request to Proimágenes for approval by the CPFC.

Qué dice el MAR sobre esto

36.4. Carry out the proposed activities. The Management Entity may designate a person to witness and verify such activities.

36.5. Comply with the obligations set forth in Article 52 of this Agreement.

36.6. Provide the reports established in this Manual, as well as those required by the CPFC or the Management Entity regarding the project.

36.7. Any other stipulations set forth in the Colombia Filming Contract.

Article 37. Execution of the budget of expenditure subject to CINA. The execution of the expenditure budget of expenditure subject to CINA must comply with the following parameters and requirements:

37.1. Expenditure on audiovisual services and audiovisual logistical services within the budget of expenditure subject to CINA must comply with the minimum established in Article 29 of this Manual, including taxes, subject to the parameters of this Manual. In any case, CINA will only be recognised up to the quota approved by the CPFC.

37.2. Payments and transfers within the budget of expenditure subject to CINA destined for audiovisual services or logistical audiovisual services must be made from the trust entity. This entity may make payments in advance, without limitation, which must be legalized and subject to the accreditations required in this Manual. The respective resources from abroad must be brought in through the exchange system and in accordance with legal regulations; the producer must accredit this before the financial entities or competent authorities.

37.3. For the purposes of the CINA, expenses must be made within a maximum period of twenty-four (24) months from the starting date of the Colombia Filming Contract, except in the case of animation projects where the period may be up to forty-eight (48) months.
The expense is considered made with the transfer by the trust entity to its final recipient.

First paragraph. In any case, each producer, according to the project typology, may indicate the required time according to their schedule, without exceeding the maximum period per project typology, which will be provided for in the Colombia Filming Contract.
Expenses that do not comply with the provisions of this article will not be subject to CINA.
If the maximum period for the project’s completion elapses without fulfilment, it will be understood that the producer has withdrawn.

Second paragraph. During the project’s execution, in the course of the Colombia Filming Contract, the producer may request one or more extensions of the budget of expenditure subject to CINA, up to a maximum of fifty percent (50%) of the initial value presented in Colombian pesos, detailing the additional expenditures to be made and the improvement in the demand for services in the country.

The CPFC may favourably consider or deny such a request based on priorities and the availability of resources. Similarly, it may request any documentation deemed necessary to support the extension.
If the decision is favourable, the budget of expenditure subject to CINA will be increased by that amount. The Colombia Filming Contract will contemplate this scenario from the outset. In this case, it is not mandatory to increase the bid bond.

Regarding the addition, the parameters defined in this Manual for the initially approved expenses will be followed, and in this case, expenditures made prior to the CPFC’s approval of the addition may be covered, provided they are within the term of the Colombia Filming Contract. The period may be extended without exceeding the maximum possible.