Eligibility of costs Sample Clauses
Eligibility of costs. 4.1 In order to be eligible the costs must be actually used or produced by the participant in the period set out in Article 2 and/or be necessary for implementing the activity in the Annex. The costs must comply with the applicable national law on taxes, labour and social security.
4.2 Regarding actual costs (e.g. inclusion support) they must be based on supporting document such as invoices, receipts, etc.
4.3 The financial support may not be used to cover costs for activities already funded by Union funds. It is nonetheless compatible with any other source of funding. This includes a salary that the participant could receive for their traineeship or teaching activities, or for any work outside their mobility activities as long as they carry out the activities foreseen in Annex 1.
4.4 The participant may not claim reimbursement for currency exchange losses or bank costs charged by the participant’s bank for transfers from the sending organisation.
Eligibility of costs. 3.1 Eligibility of costs - period
3.2 Grant rate and co-financing
3.3 Maximum eligible costs (€) and Advance payment amount (€)
3.4 Retention of management costs 3.5 Small Grant Scheme Annex II - Operational Rules
Eligibility of costs. 1. Costs which qualify for a subsidy pursuant to § 2.1 of this contract shall exclusively consist of eligible costs needed for implementing activities and realise deliverables and outputs in line with the approved application form. The eligibility of costs for ERDF co-funding is regulated in the European Structural and Investment Funds Regulations [Articles 63 to 67 of the CPR, Chapter V of the ERDF Regulation], as well as in the programme´s eligibility rules as included in the programme manual based thereon. All programme rules are published on the programme website.
2. Only expenditure incurred and paid by the PPs is eligible for ERDF co-financing, with the exception of expenditure calculated as lump sums or on a flat rate basis.
3. The LP undertakes to carefully analyse and adhere to those eligibility rules and principles and to contractually forward this obligation to its project partners.
4. The non-compliance with the relevant rules could lead the programme authorities to take corrective measures and exclude ineligible expenditure from the project budget.
Eligibility of costs. 6.1 The Lead Beneficiary shall ensure that all expenditure included in the budget of the Project were incurred and paid respecting the rules on eligibility of expenditure as indicated in the Guidelines and its Annexes. Only eligible costs shall be taken into account for the Project budget.
6.2 Eligible costs are costs actually incurred and paid by the Beneficiaries which meet all of the following criteria:
a) they are incurred and paid during the implementation period of the Project. In particular:
(i) costs relating to services and works shall relate to activities performed during the implementation period. Costs relating to supplies shall relate to delivery and installation of items during the implementation period. Signature of a contract, placing of an order, or entering into any commitment for expenditure within the implementation period for future delivery of services, works or supplies after end of the implementation period do not meet this requirement;
(ii) an exception is made for costs relating to final reports, including an expenditure verification and an audit related to the preparation of the final report, which shall be incurred within 2 months after the implementation period of the project and before submission of the final report;
(iii) an exception is made for costs budgeted in the Budget Heading 5 related to the preparation of the technical documentation for an infrastructure component for the project, which can be incurred before the start of the project but not earlier than 17 December 2015;
(iv) an exception is made for costs for the preparation of strong partnerships including costs of travel and subsistence incurred by all project Beneficiaries in relation to the preparation of the Grant Application Form, which can be incurred and paid after the publication of this Call for Proposals;
b) they are indicated in the project's estimated budget;
c) they are necessary for the project implementation;
d) they are identifiable and verifiable, in particular being recorded in the accounting records of the beneficiary and determined according to the accounting standards and the usual cost accounting practices applicable to the beneficiary;
e) they comply with the requirements of applicable tax and legislation on social security payments;
f) they are reasonable, justified, and comply with the requirements of sound financial management, in particular regarding economy, efficiency and effectiveness;
g) they are supported by invoices or documents of...
Eligibility of costs. The eligibility of all costs shall be governed by the provisions of 48 C.F.R., Part 31, in effect at the time such expense was incurred, except as otherwise expressly provided in this Agreement. In the event expenditures reimbursed to Contractor under this Agreement as part of the Maximum Price are subsequently properly disallowed by Authority due to accounting errors or charges not in conformity with this Agreement, Contractor agrees to immediately refund such amounts to Authority or permit Authority to offset the same against any amount(s) then currently due to Contractor for the Contract Services.
Eligibility of costs. The eligibility of costs is determined by reference to Chapter 7 of the Regulation. The rules on eligibility of costs shall apply equally and without limitation to both Project Promoters and project partners. Indirect costs shall be eligible in line with the Regulation and in particular, Annex 12 thereto. By way of exception to the provisions of the Regulation and Annex 12, project promoters and project partners established in Estonia, shall identify their indirect costs by the use of a flat-rate not exceeding 20% of their total direct eligible costs, excluding their direct eligible costs for subcontracting and the costs of resources made available by third parties which are not used on the premises of the Project Promoter or project partner.
Eligibility of costs. 19.1 Costs related to the grant support and, if applicable to the contribution to networks, are eligible for EU financing if they meet all the following criteria:
a) they are necessary for carrying out the Action, directly attributable to it, arising as a direct consequence of its implementation and charged in proportion to the actual use;
b) they are incurred in accordance with the provisions of this Agreement;
c) they are actually incurred by the National Agency, i.e. they represent real expenditure definitely and genuinely borne by the National Agency, without prejudice to Article II.
Eligibility of costs. 1. The cost eligibility period for the Project is the period of Project implementation, which begins on .................. and ends on ......................... .
2. Costs incurred in the Project meet the following conditions: 1) Are necessary to achieve the objectives of the Project;
Eligibility of costs costs that can be included
a) either the costs actually borne and duly supported by accounting documents;
b) or the costs generally accepted on the concerned market of reference. Contributions in-kind shall include the local human resources necessary to ensure the management, monitoring and reporting of the planned activities. Contributions involving real estate must be excluded. In-kind contributions must comply with national tax and social security rules. If contributions in-kind are proposed, their estimated value must be included in Annex C (Project proposal’s budget). The following costs are not eligible: − costs that may be incurred by applicants in the preparation of their applications; − operating costs (such as utilities, rent, overhead, etc.); − debts and debt service charges (interest); − provisions for losses or potential future liabilities; − costs declared by the Beneficiary(ies) and financed by another donor; − purchases of land or buildings; − currency exchange losses; − credit to third parties; − Incentives for the personnel of national and sub-national administrations unless they relate to the cost of activities which the relevant public authority would not carry out if the action were not undertaken.
a) Absence of conflict of interest
b) Respect for human rights as well as environmental legislation and core labour standards
c) Anti-corruption and anti-bribery
d) Unusual commercial expenses
e) Error, irregularities or fraud
Eligibility of costs. 18.1 Direct costs are eligible for EU financing if they meet all the following criteria:
a) they are necessary for carrying out the Action, directly attributable to it, arising as a direct consequence of its implementation and charged in proportion to the actual use;
b) they are incurred in accordance with the provisions of this Agreement;
c) they are actually incurred by the Organisation, i.e. they represent real expenditure definitely and genuinely borne by the Organisation, without prejudice to Article 18.5;
d) they are reasonable, justified, comply with the principle of Sound Financial Management and are in line with the usual practices of the Organisation regardless of their source of funding;
e) they are incurred during the Implementation Period with the exception of costs related to final report, final evaluation, audit and other costs linked to the closure of the Action which may be incurred after the Implementation Period;
f) they are identifiable and backed by supporting documents, in particular determined and recorded in accordance with the accounting practices of the Organisation;
g) they are covered by one of the sub-headings indicated in the estimated budget in Xxxxx XXX and by the activities described in Annex I; and
h) they comply with the applicable tax and social legislation taking into account the Organisation's privileges and immunities.
18.2 The following costs may not be considered eligible direct costs, but may be charged as part of the remuneration: all eligible costs that, while necessary and arising as a consequence of implementation, are supporting the implementation of the Action and not considered part of the activities that the European Union finances as described in Annex I, including corporate management costs or other costs linked to the normal functioning of the Organisation, such as horizontal and support staff, office or equipment costs (except when duly justified and described in Annex I, such as a project office).
18.3 The remuneration shall be declared on the basis of a flat-rate which shall not exceed 7% of the total eligible direct costs to be reimbursed by the Contracting Authority. The remuneration does not need to be supported by accounting documents. For Multi-Donor and comparable actions, the remuneration shall not be higher than that charged by the Organisation to comparable contributions.
18.4 The following costs are ineligible for EU financing: DocuSign Envelope ID: 8BD72C93-272C-4765-8DE6-EFE5C21BAFE5 DocuS...