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FP6 Financial Info & FAQs --> Project --> Costs --> 7% Management Costs --> Management Costs FAQs |
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Q: | The 7% limit for management costs - does this refer to admin/financial management only or does it also include project management which used to be allowed at up to 10%? |
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A: | Includes both but over 7% will only be reimbursed at the percentage for the activity it is related to, thus: 50% for RTD activities and 35% for Demonstration activities. The 7% limit only enforces the maximum that can be 100% funded, not the total. |
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