Home Register Feedback SiteMap Disclaimer Copyright Contact
About Us
Public Workshops
Customised Workshops
Horizon Europe Links
Leaflets, Tools & Presentations
News
Newsletters
Helpline
Glossary
Horizon2020 Links
FP7 Financial Info and FAQs
FP7 Links
FP6 Financial Info & FAQs
FP6 Links
Project Admin
FP6 Financial Info & FAQs --> Project --> Cost Statements --> Cost Statement FAQs

Q:

When completing the Form C, if eligible costs are higher than anticipated (i.e overspent), and the requested EC contribution is therefore higher (even though this does not change the amount actually paid by the EC, should the Form C reflect the overspend or not?

A:

While the amount agreed for the total project (normally for the periodic reports) does not exceed the total funding agreed for the  full term of the project, then the amount of funding requested from the EU on form C from each contractor should be the full amount based on costs and activities.

In the final period the amount needs to be restricted to the balance not received per the original cpf's. HOWEVER, the coordinator and contractors can agree to shift the funding where some contractors are under spent and others over spent. This will need to be checked and agreed with the PO (preferably before the final form C is submitted (which will then reflect the amended agreed adjusted maximum funding).



Site Developed by S.Y. Technologies Last updated: 10/21/2021