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Financial aspects

Financial aspects. 40 % amount 45 days after initial contract (about December2005) 40 % 45 days after approval of the progress report by the commission Under the condition 70 % of the previous pre-financing payment has been used up

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Financial aspects

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  1. Financial aspects • 40 % amount 45 days after initial contract (about December2005) • 40 % 45 days after approval of the progress report by the commission • Under the condition 70 % of the previous pre-financing payment has been used up • The remaining received within 45 days following approval by the Commission of the final report

  2. Financial aspects (demanded)

  3. Financial aspects (accepted)

  4. Financial aspects (practical)

  5. Contractual timetable

  6. Convention de reversements • For 100 €, it is necessary to justify 312 € • Staff • Travel and subsistence (participation to conferences)

  7. Example of expenses to declare (LUT) • _working hour including side costs 29.65 €/h • _general costs like phone, PC, electricity, internet... 1.05 €/h • _rent of my office 1.97 €/h • All together 32.68 euros/working hour

  8. Staff costs • The beneficiary and partners shall keep a full and accurate record of each of their employees that has worked on the project. This record must include the following details: • The name of the employee concerned and his/her role in the project • The normal hourly/daily/monthly gross rate of the employee • The normal costs and charges paid by the employer for the employee • The amount of time spent on the project by the employee • The amount of the money actually paid to the employee concerned • The personnel register reference for the employee concerned • This record must be signed by both the employee and the employer and will be furnished to the Office of the Commission upon request • These costs are eligible only when they are directly related to the project and concern activities, which must be clearly identifiable

  9. Per diem

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