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For an easy-to-read introduction to FP7 in 21 languages, see the brochure, "FP7 - tomorrow's answers
start today", on Understanding the Seventh Framework Programme

 


Frequently Asked Questions about FP7

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Q: With reference to "Costs for Management Activities", is the maximum reimbursement be respected for every reporting period or for the entire project? Does the same apply to "Contribution to overheads", for which there is a flat rate payment of up to 10% of the direct costs? (All Calls)
A: The maximum reimbursement of "Costs for Management Activities" (category G 2007-2010, category 4 2011 onwards) is to be respected for the entire project. The amount is verified against the total accepted costs at the end of the project; however if the amount claimed at the end of period 1 is greater than maximum negotiated management contribution, the excess will be rejected. In addition, the amount can be distributed disproportionally between beneficiaries, some beneficiaries can claim more than others, according to their real costs for management of the consortium activities. For the indirect costs (Category H/5), the consortium is strictly limited to up to 10% of accepted direct costs per partner per reporting period. Overheads cannot be claimed on the costs of subcontracting. It is to be noted that if a beneficiary claimed less for a reporting period and wants to recover this balance in a claim for the next period, they will have to process this as a prior period adjustment. Unlike FP6 contracts, the FP7 grant agreement does not provide for prior period corrections on a separate line in the current period form C; they will have to process a prior period correction through an ad-hoc, separate, form C.
Category : Marie Curie Actions (FP7) ( ITN (Initial Training Networks) ) , FP7 (Seventh Framework Programme) ( ITN (Initial Training Networks) ) , ITN (Initial Training Networks) ( Financial Aspects )
 

 

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