Common use of billable hours Clause in Contracts

billable hours. X is a researcher employed full time in a research organisation participating in a Horizon 2020 action. According to the beneficiary’s cost accounting practices, the standard number of annual hours (productive hours) is 1 600 hours. At the end of the year, the distribution of time of X is as follows: Type of activity Annual productive hours/activity Billable hours for Horizon 2020 action 400 400 for other projects 200 200 for the preparation of proposals for new projects 600 0 member of the management board of the RO 400 0

Appears in 9 contracts

Samples: Grant Agreement, Grant Agreement, General Model Grant Agreement

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