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FP6 Financial Info & FAQs --> Project --> Costs --> 7% Management Costs --> Management Costs FAQs

Q:

As project coordinator we have opened a specific bank account for the project financial management. May the bank account costs be considered as eligible management costs (reimbursable at 100%)?

A:

The Commission official response as per their document “Frequently Asked Questions on Project Management in Fp6” - March 2005, is:

 

“…Only the bank charges related to the funding distribution among partners are eligible management costs…”


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