Eligibility of expenditures. 4.1 General principles on the eligibility of costs in projects
1. The principles set forth in this Article shall apply mutatis mutandis to all eligible expenditures unless otherwise stated in this Agreement.
2. Eligible expenditures of projects are those actually incurred by the project promoter or the project partner, which meet the following criteria:
a) they are incurred between the first and final dates of eligibility of a project as specified in the project contract;
b) they are connected with the subject of the project contract and they are indicated in the detailed budget of the project;
c) they are proportionate and necessary for the implementation of the project;
d) they are used for the sole purpose of achieving the objective of the project and its expected outcome(s), in a manner consistent with the principles of economy, efficiency and effectiveness;
e) they are identifiable and verifiable, in particular through being recorded in the accounting records of the project promoter and determined according to the applicable accounting standards and generally accepted accounting principles; and
f) they comply with the requirements of applicable tax and social legislation.
3. Expenditures are considered to have been incurred when the cost has been invoiced, paid and the subject matter delivered (in case of goods) or performed (in case of services and works). Exceptionally, costs in respect of which an invoice has been issued in the final month of eligibility are also deemed to be incurred within the dates of eligibility if the costs are paid within 30 days of the final date of eligibility. Overheads and depreciation of equipment are considered to have been incurred when they are recorded on the accounts of the project promoter and/or project partner.
4. The project promoter’s internal accounting and auditing procedures must permit direct reconciliation of the expenditures and revenue declared in respect of the project with the corresponding accounting statements and supporting documents.
Eligibility of expenditures. General principles on the eligibility of costs in projects 7 4.2 Direct expenditures 8 4.3 Indirect costs 9
Eligibility of expenditures. 1. The expenditures related to the Operation are eligible only if they are in accordance with the relevant EU legislation, Programme rules and national legislation, and if they observe the terms and conditions stipulated in the Contract.
2. Eligible costs are costs actually incurred and paid by the beneficiaries, which meet all of the following criteria:
a) they are incurred during the implementation period of the Operation, with the exception of preparatory costs and closure costs;
b) they are indicated in the estimated total budget of the Operation;
c) they are necessary for the implementation of the Operation;
d) they are identifiable and verifiable, in particular being recorded in the accounting records of the beneficiary and determined according to the applicable accounting standards of the country where the beneficiaries are established and according to the usual cost accounting practices of the beneficiaries;
e) they comply with the requirements of applicable tax and social security legislation;
f) they are reasonable, justified, and comply with the principle of sound financial management, in particular regarding economy and efficiency;
g) they are not listed as ineligible expenditure in the Programme Rules on Eligibility of Expenditure and in the call specific documents;
h) they are not co-financed from other sources under the Union Funds or other (national) Funds.
3. In line with the Application, the Lead Beneficiary is entitled to receive the reimbursement of preparatory and closure costs on behalf of the partnership in the form of a lump sum based on the approved Project Progress Report for period 0 (Zero Progress Report).
Eligibility of expenditures. General principles on the eligibility of costs in projects 7
Eligibility of expenditures. 1. The Beneficiary undertake to implement the Project from ……… to The eligibility period of the Project expenditures shall be identical to the period referred to in the preceding clause.
2. Project implementation shall include performance of the full material scope of the Project in line with the application for funding, including achievement of the indicators defined in the application, and documentation of the expenditures incurred.
3. The Beneficiary undertake to complete the performance of the material and financial scope of the Project, as arising from the application, during the expenditure eligibility period defined in Clause 1, subject to § 17 (11-12).
4. The expenditures incurred prior to the commencement and after the end of the expenditure eligibility period, as referred to in Clause 1, shall not be deemed eligible.
5. Neither the Project acceptance for implementation nor the Agreement conclusion shall automatically mean that all the expenditures incurred during Project implementation will be deemed eligible. The eligibility of the incurred expenditures shall be assessed in the course of Project implementation.
6. Expenditures shall be settled through:
1) advance payment settlement in the payment request (including return of the advance payment),
2) eligible expenditures refund.
7. The date of incurring the first legally binding undertaking to order equipment, or another undertaking that makes Project implementation irreversible, whichever of these two events occurs first, shall be considered the Project commencement date. No preparatory activities, and in particular feasibility studies, advisory services related to Project preparation, including preparatory (technical, financial or economic) analyses, or the preparation of documentation related to the contractor's selection, shall be treated as the commencement of work, unless their costs are covered by state aid.
8. The financial settlement of the final payment request, understood as the date of crediting the Beneficiary bank account (in the case where the Beneficiary is bound to receive funds as part of settlement of the final payment request) or as the date of accepting the final payment request (in other cases), shall be considered the Project completion date.
9. The Project completion date, as referred to in Clause 8, shall be the date from which the Project durability period, as referred to in § 9, shall be calculated.
10. The Beneficiary shall submit a final payment request within 30 day...
Eligibility of expenditures. 2.2.1 Eligible expenditures cannot incur before the date when the Project contract is effective.
2.2.2 Eligible expenditures must be finalised by 30.4.2017.
2.2.3 Provision of 2.2.1 does not concern these types of expenditures:
a) Expenditures connected to price assessment,
b) Expenditures connected to public procurement.
2.2.4 Expenditures from article 2.2.3 cannot incur before the date when the Project acceptance decision was issued.
Eligibility of expenditures. Expenditures incurred before the starting date of eligibility of expenditures for the Project (the date of issuing the final decision of the Minister of Culture and National Heritage on awarding a grant to the Project) and after the date of completing the Project (pursuant to the application form) shall not be eligible (with the exception stated in the point 3 of this Article). The final date of eligibility of expenditures cannot go beyond 30 April 2016. The eligibility period for the Bilateral Cooperation Fund is from 9 May 2012 to the day of the application submission to the Programme Operator. The list of the expenses eligible under the Programme shall be applied to the Project implementation.
Eligibility of expenditures. Expenditures incurred before the starting date of eligibility of expenditures for the Project (the date of issuing the final decision of the Programme Operator on issuing grant to the Project) and after the date of completing the Project (pursuant to the application form) shall not be eligible The final date of eligibility of expenditures cannot go beyond the date set out in Art.8.13.Clause 3 of the EEA 2014-2021 Regulation.
Eligibility of expenditures. The expenditures eligibility period shall correspond to the Project implementation period. Any expenditures incurred by the IRAP Unit prior to the commencement of the period referred to in section 1, or following that period, shall be considered ineligible. In order to be considered eligible, the expenditures must, in particular, be actually incurred by the IRAP Unit in the period referred to in section 1, in connection with Project implementation, in accordance with the Agreement, the Competition Documentation and the Cost Eligibility Guide, and be duly documented and stated in the financial report. A list of eligible costs and the principles of documenting eligible expenditures have been laid down in the Cost Eligibility Guide. In the event of any changes to the Cost Eligibility Guide, it shall specify the scope of such changes, along with the application or acceptance rules. Any payments from the bank account referred to in § 6.4 shall be made only as payments for the expenditures meeting the eligibility criteria for obtaining the support under the Project, in the amount corresponding to the relevant funding. The funds disclosed in the financial reports as the costs settled using the flat-rate (the “O” category) method may be incurred solely in connection with Project implementation. Any expenditures incurred in connection with the value added tax (VAT, hereinafter referred to as “VAT”) may be regarded as eligible expenditures if VAT is not refundable or deductible to the benefit of the IRAP Unit, which shall be confirmed by the IRAP Unit in a VAT eligibility declaration which forms Appendix No. 6 hereto. Where the IRAP Unit is entitled to deduct VAT from the value of the goods and services purchased under the Project, or to obtain its refund following the submission of the declaration referred to in section 7, whether during the Project implementation period or the Project durability period, as referred to in § 9.2, the IRAP Unit shall file an updated declaration with the Foundation. The IRAP Unit shall repay VAT which has been incorrectly specified as non-deductible or non-refundable, and co-financed to the benefit of the IRAP Unit. The IRAP Unit’s liability in this respect shall be due as of the date of the IRAP Unit's becoming able to deduct or refund such VAT. VAT shall be repaid on the terms and conditions as set forth in § 15.2, together with interest in the same amount as the interest on overdue tax liabilities. The interest referred to in the p...
Eligibility of expenditures. 1) The starting date for the eligibility of expenditure is 1st of January, 2021. Expenditures for the project must be paid at the latest within 2 months after the implementation period, as mentioned in Article 2(4), but not later than 31.08.2029. Expenditures committed after the finalization of the implementation period shall not be eligible. In case the project is not finalized during the eligibility period of expenditures, the partner shall ensure from its own budget the necessary funds for the finalization of the project, according to the last approved Application Form.
2) Expenditure is incurred when the activity that has generated the expenditure (for example the works executed in accordance with the conditions of the contract) has been completed or the services foreseen in a contract have been provided and accepted by the partners. Proof of expenditures incurred relates to supporting documents indicating the completion of the activity, for instance take over certificates or confirmation of equipment or service delivery.
3) The expenditures related to the project are eligible provided that they observe the provisions of Annex 3 List of eligible expenditures, the methodologies for project preparation costs and for project closure costs, the applicable European and national legislation in force.
4) In compliance the provisions of paragraph 1, preparation costs are also eligible if they were incurred from 1st of January, 2021 and in line with the Programme eligibility rules.
5) The lump sum of project preparation costs for all partners shall be included in the project preparation period of the Jems and will be transferred by MA reimbursement as soon as the subsidy contract is signed, considering the payment conditions are met. The Lead Partner shall transfer the received amounts to its partners, as foreseen in the Application Form/ project budget, within 5 working days as of cashing in the amounts from the MA. All preparation costs on real bases, if the case, shall be requested for reimbursement in the first project report, otherwise they will be considered non- eligible expenditure.
6) In case the project is cancelled/terminated, the lump sum for project preparation and/or the funding paid on real preparation costs shall be considered an unduly paid amount and will be returned by the project partners to the Programme budget.
7) Project closure costs shall be reimbursed on basis of a lump sum and the reimbursement of the granted lump sum for project clos...
