Q: How are receipts (financial or other contributions to the project from other parties) taken into account in the budget of FP6 contracts?

A: To properly estimate the Community contribution, the budget of FP6 contracts must comprise in addition to the estimated eligible costs also the estimated eligible receipts of the contractors within the project. Receipts can be in the form of: Financial transfers or their equivalent to the contractor from third parties ;Contributions in kind from third parties; Income generated by the project.