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FP7 Financial Info and FAQs --> Eligible & Ineligible costs --> Eligible Costs

·         actual*

·         during duration of project

·         in accordance with its usual accounting and management principles

·         recorded in accounts of beneficiary


* Average personnel costs accepted if,

·         Consistent with the management principles and accounting practices and

·         They do not significantly differ from the actual personnel costs = if identified according to a methodology approved by the Commission (NEW)

Eligible Costs FAQs

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