Common use of Eligible costs of the action Clause in Contracts

Eligible costs of the action. 1. Costs incurred for the implementation of the action shall meet the following conditions in order to be considered eligible: (a) they shall be actual; (b) they shall be incurred by the beneficiary in connection with the action as described in Annex I and shall be necessary for its implementation; (c) they shall be incurred during the duration of the action, with the exception of costs incurred in relation to final activity reports and activity reports corresponding to the last period as well as certificates on the financial statements when requested at the last period and final reviews if applicable, which may be incurred during the period of up to 60 days after the end of the action or the date of termination whichever is earlier; (d) they shall be determined in accordance with the usual accounting and management principles and practices of the beneficiary. The accounting procedures used in the recording of costs shall respect the accounting rules of the State in which the beneficiary is established. The beneficiary’s internal accounting and auditing procedures shall permit direct reconciliation of the costs declared in respect of the action with the corresponding financial statements and supporting documents; (e) they shall be reasonable, justified, and comply with the principle of sound financial management, in particular regarding economy and efficiency; (f) they shall be identifiable and verifiable, in particular they shall be recorded in the accounts of the beneficiary; (g) they shall be indicated in the estimated overall budget in Annex II; (h) they shall comply with the requirements of applicable tax and social legislation; (a) of the first subparagraph, a beneficiary may opt to declare average personnel costs if the following cumulative criteria are fulfilled: (a) The average personnel cost methodology shall be the one declared by the beneficiary as its usual cost accounting practice; as such it shall be consistently applied to all the participations of the beneficiary. (b) The methodology shall be based on the actual personnel costs of the beneficiary as registered in its statutory accounts, without estimated or budgeted elements; (c) The methodology shall exclude from the average personnel rates any ineligible cost item as referred to in paragraph 2 and any costs claimed under other costs categories in order to avoid double funding of the same costs; (d) The number of productive hours used to calculate the average hourly rates shall correspond to the usual management practice of the beneficiary provided that it reflects the actual working standards of the beneficiary, in compliance with applicable national legislation, collective labour agreements and contracts and that it is based on auditable data. A beneficiary may submit a certified methodology for approval by the Fusion for Energy on the basis of the criteria referred to in points (a) to (d) of the second subparagraph. Average personnel costs charged on the basis of methodologies which comply with the criteria referred to point (a) to (d) shall be deemed not to differ significantly from actual costs. Such a certificate shall be issued in accordance with the provisions laid down in Article II.4.4 and the relevant part of Form C in Annex IV, unless it has already been submitted for a previous grant agreement with Fusion for Energy and the methodology certified has not changed. 2. The following costs shall be considered as non-eligible and may not be charged to the action: (a) return on capital and dividends paid by a beneficiary; (b) debt and debt service charges; (c) provisions for losses or debts; (d) interest owed; (e) doubtful debts; (f) exchange losses; (g) costs of transfers from Fusion for Energy charged by the bank of a beneficiary; (h) costs declared by the beneficiary under another action receiving a grant financed from the Fusion for Energy or Union budget. Such grants include grants awarded by a Member State and financed from the Union budget and grants awarded by bodies other than the Commission for the purpose of implementing the Union budget. (i) contributions in kind free of charge from third parties; (j) excessive or reckless expenditure; (k) deductible VAT.

Eligible costs of the action. 1. Costs incurred for the implementation of the action shall meet the following conditions in order to be considered eligible: (a) they shall be actual; (b) they shall be incurred by the beneficiary in connection with the action as described in Annex I and shall be necessary for its implementation; (c) they shall be incurred during the duration of the action, with the exception of costs incurred in relation to final activity reports and activity reports corresponding to the last period as well as certificates on the financial statements when requested at the last period and final reviews if applicable, which may be incurred during the period of up to 60 days after the end of the action or the date of termination whichever is earlier; (d) they shall be determined in accordance with the usual accounting and management principles and practices of the beneficiary. The accounting procedures used in the recording of costs shall respect the accounting rules of the State in which the beneficiary is established. The beneficiary’s internal accounting and auditing procedures shall permit direct reconciliation of the costs declared in respect of the action with the corresponding financial statements and supporting documents; (e) they shall be reasonable, justified, and comply with the principle of sound financial management, in particular regarding economy and efficiency; (f) they shall be identifiable and verifiable, in particular they shall be recorded in the accounts of the beneficiary; (g) they shall be indicated in the estimated overall budget in Annex II;. (h) they shall comply with the requirements of applicable tax and social legislation; (a) of the first subparagraph, a beneficiary beneficiaries may opt to declare average personnel costs if the following cumulative criteria are fulfilled: (a) The average personnel cost methodology shall be the one declared by the beneficiary beneficiaries as its usual cost accounting practice; as such it shall be consistently applied to all the participations of the beneficiarybeneficiaries. (b) The methodology shall be based on the actual personnel costs of the beneficiary beneficiary(ies) as registered in its statutory accounts, without estimated or budgeted elements; (c) The methodology shall exclude from the average personnel rates any ineligible cost item as referred to in paragraph 2 and any costs claimed under other costs categories in order to avoid double funding of the same costs; (d) The number of productive hours used to calculate the average hourly rates shall correspond to the usual management practice of the beneficiary beneficiaries provided that it reflects the actual working standards of the beneficiarybeneficiaries, in compliance with applicable national legislation, collective labour agreements and contracts and that it is based on auditable data. A beneficiary may submit a certified methodology for approval by the Fusion for Energy on the basis of the criteria referred to in points (a) to (d) of the second subparagraph. Average personnel costs charged on the basis of methodologies which comply with the criteria referred to point (a) to (d) shall be deemed not to differ significantly from actual costs. Such a certificate shall be issued in accordance with the provisions laid down in Article II.4.4 II.5.4 and the relevant part of Form C in Annex IV, unless it has already been submitted for a previous grant agreement with Fusion for Energy and the methodology certified has not changed. 2. The following costs shall be considered as non-eligible and may not be charged to the action: (a) return on capital and dividends paid by a beneficiary; (b) debt and debt service charges; (c) provisions for losses or debts; (d) interest owed; (e) doubtful debts; (f) exchange losses; (g) costs of transfers from Fusion for Energy charged by the bank of a beneficiary; (h) costs declared by the beneficiary under another action receiving a grant financed from the Fusion for Energy or Union budget. Such grants include grants awarded by a Member State and financed from the Union budget and grants awarded by bodies other than the Commission for the purpose of implementing the Union budget. (i) contributions in kind free of charge from third parties; (j) excessive or reckless expenditure; (k) deductible VAT.

Eligible costs of the action. 1. Costs incurred for the implementation of the action shall meet the following conditions in order to be considered eligible: (a) they shall be actual; (b) they shall be incurred by the beneficiary in connection with the action as described in Annex I and shall be necessary for its implementationbeneficiary; (c) they shall be incurred during the duration of the action, with the exception of costs incurred in relation to final activity reports and activity reports corresponding to the last period as well as certificates on the financial statements when requested at the last period and final reviews if applicable, which may be incurred during the period of up to 60 days after the end of the action or the date of termination whichever is earlier; (d) they shall be determined in accordance with the usual accounting and management principles and practices of the beneficiary. The accounting procedures used in the recording of costs shall respect the accounting rules of the State in which the beneficiary is established. The beneficiary’s internal accounting and auditing procedures shall permit direct reconciliation of the costs declared in respect of the action with the corresponding financial statements and supporting documents; (e) they shall be reasonableused for the sole purpose of achieving the objectives of the action and its expected results, justified, and comply in a manner consistent with the principle principles of sound financial managementeconomy, in particular regarding economy efficiency and efficiencyeffectiveness; (f) they shall be identifiable and verifiable, in particular they shall be recorded in the accounts of the beneficiary; in the case of third parties, they shall be recorded in the accounts of the third parties; (g) they shall be indicated in the estimated overall budget in Annex II; (h) they shall comply with the requirements of applicable tax and social legislation; (. Without prejudice to point a) of the first subparagraph), a beneficiary beneficiaries may opt to declare average personnel costs if based on a certified methodology approved by Fusion for Energy and consistent with the following cumulative criteria are fulfilled: (a) The average personnel cost methodology shall be the one declared by the beneficiary as its management principles and usual cost accounting practice; as such it shall be consistently applied to all the participations practices of the beneficiary. (b) The methodology shall be based on the actual personnel costs of the beneficiary as registered in its statutory accounts, without estimated or budgeted elements; (c) The methodology shall exclude from the average personnel rates any ineligible cost item as referred to in paragraph 2 and any costs claimed under other costs categories in order to avoid double funding of the same costs; (d) The number of productive hours used to calculate the average hourly rates shall correspond to the usual management practice of the beneficiary provided that it reflects the actual working standards of the beneficiary, in compliance with applicable national legislation, collective labour agreements and contracts and that it is based on auditable data. A beneficiary may submit a certified methodology for approval by the Fusion for Energy on the basis of the criteria referred to in points (a) to (d) of the second subparagraph. Average personnel costs charged to this grant agreement by a beneficiary having provided a certificate on the basis of methodologies which comply with the criteria referred to point (a) to (d) shall be methodology are deemed not to significantly differ significantly from actual personnel costs. Such a certificate shall be issued in accordance with the provisions laid down in Article II.4.4 II.5.4 and the relevant part of Form C in Annex IV, unless it has already been submitted for a previous grant agreement with Fusion for Energy and the methodology certified has not changed. 2. The following costs shall be considered as non-eligible and may not be charged to the action: (a) return on capital and dividends paid by a beneficiaryidentifiable indirect taxes including value added tax; (b) duties; (c) interest owed; (d) provisions for possible future losses or charges; (e) exchange losses, cost related to return on capital; (f) costs declared or incurred, or reimbursed in respect of another Community action; (g) debt and debt service charges; (c) provisions for losses or debts; (d) interest owed; (e) doubtful debts; (f) exchange losses; (g) costs of transfers from Fusion for Energy charged by the bank of a beneficiary; (h) costs declared by the beneficiary under another action receiving a grant financed from the Fusion for Energy or Union budget. Such grants include grants awarded by a Member State and financed from the Union budget and grants awarded by bodies other than the Commission for the purpose of implementing the Union budget. (i) contributions in kind free of charge from third parties; (j) , excessive or reckless expenditure;. (k) deductible VAT3. Contributions in kind shall not constitute eligible costs.

Eligible costs of the action. 1. Costs incurred for the implementation of the action shall meet the following conditions in order to be considered eligible: (a) they shall be actual; (b) they shall be incurred by the beneficiary in connection with the action as described in Annex I and shall be necessary for its implementationbeneficiary; (c) they shall be incurred during the duration of the action, with the exception of costs incurred in relation to final activity reports and activity reports corresponding to the last period as well as certificates on the financial statements when requested at the last period and final reviews if applicable, which may be incurred during the period of up to 60 days after the end of the action or the date of termination whichever is earlier; (d) they shall be determined in accordance with the usual accounting and management principles and practices of the beneficiary. The accounting procedures used in the recording of costs shall respect the accounting rules of the State in which the beneficiary is established. The beneficiary’s internal accounting and auditing procedures shall permit direct reconciliation of the costs declared in respect of the action with the corresponding financial statements and supporting documents; (e) they shall be reasonableused for the sole purpose of achieving the objectives of the action and its expected results, justified, and comply in a manner consistent with the principle principles of sound financial managementeconomy, in particular regarding economy efficiency and efficiencyeffectiveness; (f) they shall be identifiable and verifiable, in particular they shall be recorded in the accounts of the beneficiary; in the case of third parties, they shall be recorded in the accounts of the third parties; (g) they shall be indicated in the estimated overall budget in Annex II; (h) they shall comply with . Without prejudice to point a), the requirements of applicable tax and social legislation; (a) of the first subparagraph, a beneficiary may opt to declare average personnel costs if based on a certified methodology approved by Fusion for Energy and consistent with the following cumulative criteria are fulfilled: (a) The average personnel cost methodology shall be the one declared by the beneficiary as its management principles and usual cost accounting practice; as such it shall be consistently applied to all the participations practices of the beneficiary. (b) The methodology shall be based on the actual personnel costs of the beneficiary as registered in its statutory accounts, without estimated or budgeted elements; (c) The methodology shall exclude from the average personnel rates any ineligible cost item as referred to in paragraph 2 and any costs claimed under other costs categories in order to avoid double funding of the same costs; (d) The number of productive hours used to calculate the average hourly rates shall correspond to the usual management practice of the beneficiary provided that it reflects the actual working standards of the beneficiary, in compliance with applicable national legislation, collective labour agreements and contracts and that it is based on auditable data. A beneficiary may submit a certified methodology for approval by the Fusion for Energy on the basis of the criteria referred to in points (a) to (d) of the second subparagraph. Average personnel costs charged to this grant agreement by the beneficiary having provided a certificate on the basis of methodologies which comply with the criteria referred to point (a) to (d) shall be methodology are deemed not to significantly differ significantly from actual personnel costs. Such a certificate shall be issued in accordance with the provisions laid down in Article II.4.4 and the relevant part of Form C in Annex IV, unless it has already been submitted for a previous grant agreement with Fusion for Energy and the methodology certified has not changed. 2. The following costs shall be considered as non-eligible and may not be charged to the action: (a) return on capital and dividends paid by a beneficiaryidentifiable indirect taxes including value added tax; (b) duties; (c) interest owed; (d) provisions for possible future losses or charges; (e) exchange losses, cost related to return on capital; (f) costs declared or incurred, or reimbursed in respect of another Community action; (g) debt and debt service charges; (c) provisions for losses or debts; (d) interest owed; (e) doubtful debts; (f) exchange losses; (g) costs of transfers from Fusion for Energy charged by the bank of a beneficiary; (h) costs declared by the beneficiary under another action receiving a grant financed from the Fusion for Energy or Union budget. Such grants include grants awarded by a Member State and financed from the Union budget and grants awarded by bodies other than the Commission for the purpose of implementing the Union budget. (i) contributions in kind free of charge from third parties; (j) , excessive or reckless expenditure;. (k) deductible VAT3. Contributions in kind shall not constitute eligible costs.

Eligible costs of the action. 1. Costs incurred for the implementation of the action shall meet the following conditions in order to be considered eligible: (a) they shall be actual; (b) they shall be incurred by the beneficiary in connection with the action as described in Annex I and shall be necessary for its implementation; (c) they shall be incurred during the duration of the action, with the exception of costs incurred in relation to final activity reports and activity reports corresponding to the last period as well as certificates on the financial statements when requested at the last period and final reviews if applicable, which may be incurred during the period of up to 60 days after the end of the action or the date of termination whichever is earlier; (d) they shall be determined in accordance with the usual accounting and management principles and practices of the beneficiary. The accounting procedures used in the recording of costs shall respect the accounting rules of the State in which the beneficiary is established. The beneficiary’s internal accounting and auditing procedures shall permit direct reconciliation of the costs declared in respect of the action with the corresponding financial statements and supporting documents; (e) they shall be reasonable, justified, and comply with the principle of sound financial management, in particular regarding economy and efficiency; (f) they shall be identifiable and verifiable, in particular they shall be recorded in the accounts of the beneficiary; (g) they shall be indicated in the estimated overall budget in Annex IIXxxxx XX; (h) they shall comply with the requirements of applicable tax and social legislation; (a) of the first subparagraph, a beneficiary may opt to declare average personnel costs if the following cumulative criteria are fulfilled: (a) The average personnel cost methodology shall be the one declared by the beneficiary as its usual cost accounting practice; as such it shall be consistently applied to all the participations of the beneficiary. (b) The methodology shall be based on the actual personnel costs of the beneficiary as registered in its statutory accounts, without estimated or budgeted elements; (c) The methodology shall exclude from the average personnel rates any ineligible cost item as referred to in paragraph 2 and any costs claimed under other costs categories in order to avoid double funding of the same costs; (d) The number of productive hours used to calculate the average hourly rates shall correspond to the usual management practice of the beneficiary provided that it reflects the actual working standards of the beneficiary, in compliance with applicable national legislation, collective labour agreements and contracts and that it is based on auditable data. A beneficiary may submit a certified methodology for approval by the Fusion for Energy on the basis of the criteria referred to in points (a) to (d) of the second subparagraph. Average personnel costs charged on the basis of methodologies which comply with the criteria referred to point (a) to (d) shall be deemed not to differ significantly from actual costs. Such a certificate shall be issued in accordance with the provisions laid down in Article II.4.4 and the relevant part of Form C in Annex IV, unless it has already been submitted for a previous grant agreement with Fusion for Energy and the methodology certified has not changed. 2. The following costs shall be considered as non-eligible and may not be charged to the action: (a) return on capital and dividends paid by a beneficiary; (b) debt and debt service charges; (c) provisions for losses or debts; (d) interest owed; (e) doubtful debts; (f) exchange losses; (g) costs of transfers from Fusion for Energy charged by the bank of a beneficiary; (h) costs declared by the beneficiary under another action receiving a grant financed from the Fusion for Energy or Union budget. Such grants include grants awarded by a Member State and financed from the Union budget and grants awarded by bodies other than the Commission for the purpose of implementing the Union budget. (i) contributions in kind free of charge from third parties; (j) excessive or reckless expenditure; (k) deductible VAT.

Eligible costs of the action. 1. Costs incurred for the implementation of the action shall meet the following conditions in order to be considered eligible: (a) they shall be actual; (b) they shall be incurred by the beneficiary in connection with the action as described in Annex I and shall be necessary for its implementation; (c) they shall be incurred during the duration of the action, with the exception of costs incurred in relation to final activity reports and activity reports corresponding to the last period as well as certificates on the financial statements when requested at the last period and final reviews if applicable, which may be incurred during the period of up to 60 days after the end of the action or the date of termination whichever is earlier; (d) they shall be determined in accordance with the usual accounting and management principles and practices of the beneficiary. The accounting procedures used in the recording of costs shall respect the accounting rules of the State in which the beneficiary is established. The beneficiary’s internal accounting and auditing procedures shall permit direct reconciliation of the costs declared in respect of the action with the corresponding financial statements and supporting documents; (e) they shall be reasonable, justified, and comply with the principle of sound financial management, in particular regarding economy and efficiency; (f) they shall be identifiable and verifiable, in particular they shall be recorded in the accounts of the beneficiary; (g) they shall be indicated in the estimated overall budget in Annex II;. (h) they shall comply with the requirements of applicable tax and social legislation; (a) of the first subparagraph, a beneficiary beneficiaries may opt to declare average personnel costs if the following cumulative criteria are fulfilled: (a) The average personnel cost methodology shall be the one declared by the beneficiary beneficiaries as its usual cost accounting practice; as such it shall be consistently applied to all the participations of the beneficiarybeneficiaries. (b) The methodology shall be based on the actual personnel costs of the beneficiary beneficiary(ies) as registered in its statutory accounts, without estimated or budgeted elements; (c) The methodology shall exclude from the average personnel rates any ineligible cost item as referred to in paragraph 2 and any costs claimed under other costs categories in order to avoid double funding of the same costs; (d) The number of productive hours used to calculate the average hourly rates shall correspond to the usual management practice of the beneficiary beneficiaries provided that it reflects the actual working standards of the beneficiarybeneficiaries, in compliance with applicable national legislation, collective labour agreements and contracts and that it is based on auditable data. A beneficiary may submit a certified methodology for approval by the Fusion for Energy on the basis of the criteria referred to in points (a) to (d) of the second subparagraph. Average personnel costs charged on the basis of methodologies which comply with the criteria referred to point (a) to (d) shall be deemed not to differ significantly from actual costs. Such a certificate shall be issued in accordance with the provisions laid down in Article II.4.4 and the relevant part of Form C in Annex IV, unless it has already been submitted for a previous grant agreement with Fusion for Energy and the methodology certified has not changed. 2. The following costs shall be considered as non-eligible and may not be charged to the action: (a) return on capital and dividends paid by a beneficiary; (b) debt and debt service charges; (c) provisions for losses or debts; (d) interest owed; (e) doubtful debts; (f) exchange losses; (g) costs of transfers from Fusion for Energy charged by the bank of a beneficiary; (h) costs declared by the beneficiary under another action receiving a grant financed from the Fusion for Energy or Union budget. Such grants include grants awarded by a Member State and financed from the Union budget and grants awarded by bodies other than the Commission for the purpose of implementing the Union budget. (i) contributions in kind free of charge from third parties; (j) excessive or reckless expenditure; (k) deductible VAT.

Eligible costs of the action. 1. Costs incurred for the implementation of the action shall meet the following conditions in order to be considered eligible: (a) they shall be actual; (b) they shall be incurred by the beneficiary in connection with the action as described in Annex I and shall be necessary for its implementation; (c) they shall be incurred during the duration of the action, with the exception of costs incurred in relation to final activity reports and activity reports corresponding to the last period as well as certificates on the financial statements when requested at the last period and final reviews if applicable, which may be incurred during the period of up to 60 days after the end of the action or the date of termination whichever is earlier; (d) they shall be determined in accordance with the usual accounting and management principles and practices of the beneficiary. The accounting procedures used in the recording of costs shall respect the accounting rules of the State in which the beneficiary is established. The beneficiary’s internal accounting and auditing procedures shall permit direct reconciliation of the costs declared in respect of the action with the corresponding financial statements and supporting documents;; IDM Ref.: FPA-[XXX] (e) they shall be reasonable, justified, and comply with the principle of sound financial management, in particular regarding economy and efficiency; (f) they shall be identifiable and verifiable, in particular they shall be recorded in the accounts of the beneficiary; (g) they shall be indicated in the estimated overall budget in Annex II; (h) they shall comply with the requirements of applicable tax and social legislation; (a) of the first subparagraph, a beneficiary may opt to declare average personnel costs if the following cumulative criteria are fulfilled: (a) The average personnel cost methodology shall be the one declared by the beneficiary as its usual cost accounting practice; as such it shall be consistently applied to all the participations of the beneficiary. (b) The methodology shall be based on the actual personnel costs of the beneficiary as registered in its statutory accounts, without estimated or budgeted elements; (c) The methodology shall exclude from the average personnel rates any ineligible cost item as referred to in paragraph 2 and any costs claimed under other costs categories in order to avoid double funding of the same costs; (d) The number of productive hours used to calculate the average hourly rates shall correspond to the usual management practice of the beneficiary provided that it reflects the actual working standards of the beneficiary, in compliance with applicable national legislation, collective labour agreements and contracts and that it is based on auditable data. A beneficiary may submit a certified methodology for approval by the Fusion for Energy on the basis of the criteria referred to in points (a) to (d) of the second subparagraph. Average personnel costs charged on the basis of methodologies which comply with the criteria referred to point (a) to (d) shall be deemed not to differ significantly from actual costs. Such a certificate shall be issued in accordance with the provisions laid down in Article II.4.4 and the relevant part of Form C in Annex IV, unless it has already been submitted for a previous grant agreement with Fusion for Energy and the methodology certified has not changed. 2. The following costs shall be considered as non-eligible and may not be charged to the action: (a) return on capital and dividends paid by a beneficiary; (b) debt and debt service charges; (c) provisions for losses or debts; (d) interest owed; (e) doubtful debts; (f) exchange losses; (g) costs of transfers from Fusion for Energy charged by the bank of a beneficiary; (h) costs declared by the beneficiary under another action receiving a grant financed from the Fusion for Energy or Union budget. Such grants include grants awarded by a Member State and financed from the Union budget and grants awarded by bodies other than the Commission for the purpose of implementing the Union budget. (i) contributions in kind free of charge from third parties; (j) excessive or reckless expenditure; (k) deductible VAT. IDM Ref.: FPA-[XXX]

Eligible costs of the action. 1. Costs incurred for the implementation of the action shall meet the following conditions in order to be considered eligible: (a) they shall be actual; (b) they shall be incurred by the beneficiary in connection with the action as described in Annex I and shall be necessary for its implementation; (c) they shall be incurred during the duration of the action, with the exception of costs incurred in relation to final activity reports and activity reports corresponding to the last period as well as certificates on the financial statements when requested at the last period and final reviews if applicable, which may be incurred during the period of up to 60 days after the end of the action or the date of termination whichever is earlier; (d) they shall be determined in accordance with the usual accounting and management principles and practices of the beneficiary. The accounting procedures used in the recording of costs shall respect the accounting rules of the State in which the beneficiary is established. The beneficiary’s internal accounting and auditing procedures shall permit direct reconciliation of the costs declared in respect of the action with the corresponding financial statements and supporting documents;; IDM Ref.: FPA-[XXX] (e) they shall be reasonable, justified, and comply with the principle of sound financial management, in particular regarding economy and efficiency; (f) they shall be identifiable and verifiable, in particular they shall be recorded in the accounts of the beneficiary; (g) they shall be indicated in the estimated overall budget in Annex II;. (h) they shall comply with the requirements of applicable tax and social legislation; (a) of the first subparagraph, a beneficiary beneficiaries may opt to declare average personnel costs if the following cumulative criteria are fulfilled: (a) The average personnel cost methodology shall be the one declared by the beneficiary beneficiaries as its usual cost accounting practice; as such it shall be consistently applied to all the participations of the beneficiarybeneficiaries. (b) The methodology shall be based on the actual personnel costs of the beneficiary beneficiary(ies) as registered in its statutory accounts, without estimated or budgeted elements; (c) The methodology shall exclude from the average personnel rates any ineligible cost item as referred to in paragraph 2 and any costs claimed under other costs categories in order to avoid double funding of the same costs; (d) The number of productive hours used to calculate the average hourly rates shall correspond to the usual management practice of the beneficiary beneficiaries provided that it reflects the actual working standards of the beneficiarybeneficiaries, in compliance with applicable national legislation, collective labour agreements and contracts and that it is based on auditable data. A beneficiary may submit a certified methodology for approval by the Fusion for Energy on the basis of the criteria referred to in points (a) to (d) of the second subparagraph. Average personnel costs charged on the basis of methodologies which comply with the criteria referred to point (a) to (d) shall be deemed not to differ significantly from actual costs. Such a certificate shall be issued in accordance with the provisions laid down in Article II.4.4 and the relevant part of Form C in Annex IV, unless it has already been submitted for a previous grant agreement with Fusion for Energy and the methodology certified has not changed. 2. The following costs shall be considered as non-eligible and may not be charged to the action: (a) return on capital and dividends paid by a beneficiary; (b) debt and debt service charges; (c) provisions for losses or debts; (d) interest owed; (e) doubtful debts; (f) exchange losses; (g) costs of transfers from Fusion for Energy charged by the bank of a beneficiary; (h) costs declared by the beneficiary under another action receiving a grant financed from the Fusion for Energy or Union budget. Such grants include grants awarded by a Member State and financed from the Union budget and grants awarded by bodies other than the Commission for the purpose of implementing the Union budget. (i) contributions in kind free of charge from third parties; (j) excessive or reckless expenditure; (k) deductible VAT. IDM Ref.: FPA-[XXX]

Eligible costs of the action. 1. Costs incurred for the implementation of the action shall meet the following conditions in order to be considered eligible: (a) they shall be actual; (b) they shall be incurred by the beneficiary in connection with the action as described in Annex I and shall be necessary for its implementation; (c) they shall be incurred during the duration of the action, with the exception of costs incurred in relation to final activity reports and activity reports corresponding to the last period as well as certificates on the financial statements when requested at the last period and final reviews if applicable, which may be incurred during the period of up to 60 days after the end of the action or the date of termination whichever is earlier; (d) they shall be determined in accordance with the usual accounting and management principles and practices of the beneficiary. The accounting procedures used in the recording of costs shall respect the accounting rules of the State in which the beneficiary is established. The beneficiary’s internal accounting and auditing procedures shall permit direct reconciliation of the costs declared in respect of the action with the corresponding financial statements and supporting documents; (e) they shall be reasonable, justified, and comply with the principle of sound financial management, in particular regarding economy and efficiency; (f) they shall be identifiable and verifiable, in particular they shall be recorded in the accounts of the beneficiary; (g) they shall be indicated in the estimated overall budget in Annex IIXxxxx XX; (h) they shall comply with the requirements of applicable tax and social legislation; (a) of the first subparagraph, a beneficiary may opt to declare average personnel costs if the following cumulative criteria are fulfilled: (a) The average personnel cost methodology shall be the one declared by the beneficiary as its usual cost accounting practice; as such it shall be consistently applied to all the participations of the beneficiary. (b) The methodology shall be based on the actual personnel costs of the beneficiary as registered in its statutory accounts, without estimated or budgeted elements; (c) The methodology shall exclude from the average personnel rates any ineligible cost item as referred to in paragraph 2 and any costs claimed under other costs categories in order to avoid double funding of the same costs; (d) The number of productive hours used to calculate the average hourly rates shall correspond to the usual management practice of the beneficiary provided that it reflects the actual working standards of the beneficiary, in compliance with applicable national legislation, collective labour agreements and contracts and that it is based on auditable data. A beneficiary may submit a certified methodology for approval by the Fusion for Energy on the basis of the criteria referred to in points (a) to (d) of the second subparagraph. Average personnel costs charged on the basis of methodologies which comply with the criteria referred to point (a) to (d) shall be deemed not to differ significantly from actual costs. Such a certificate shall be issued in accordance with the provisions laid down in Article II.4.4 and the relevant part of Form C in Annex IV, unless it has already been submitted for a previous grant agreement with Fusion for Energy and the methodology certified has not changed. 2. The following costs shall be considered as non-eligible and may not be charged to the action: (a) return on capital and dividends paid by a beneficiary; (b) debt and debt service charges; (c) provisions for losses or debts; (d) interest owed; (e) doubtful debts; (f) exchange losses; (g) costs of transfers from Fusion for Energy charged by the bank of a beneficiary; (h) costs declared by the beneficiary under another action receiving a grant financed from the Fusion for Energy or Union budget. Such grants include grants awarded by a Member State and financed from the Union budget and grants awarded by bodies other than the Commission for the purpose of implementing the Union budget. (i) contributions in kind free of charge from third parties; (j) excessive or reckless expenditure; (k) deductible VAT.

Eligible costs of the action. 1. Costs incurred for the implementation of the action shall meet the following conditions in order to be considered eligible: (a) they shall be actual; (b) they shall be incurred by the beneficiary in connection with the action as described in Annex I and shall be necessary for its implementationbeneficiary; (c) they shall be incurred during the duration of the action, with the exception of costs incurred in relation to final activity reports and activity reports corresponding to the last period as well as certificates on the financial statements when requested at the last period and final reviews if applicable, which may be incurred during the period of up to 60 days after the end of the action or the date of termination whichever is earlier; (d) they shall be determined in accordance with the usual accounting and management principles and practices of the beneficiary. The accounting procedures used in the recording of costs shall respect the accounting rules of the State in which the beneficiary is established. The beneficiary’s internal accounting and auditing procedures shall permit direct reconciliation of the costs declared in respect of the action with the corresponding financial statements and supporting documents; (e) they shall be reasonableused for the sole purpose of achieving the objectives of the action and its expected results, justified, and comply in a manner consistent with the principle principles of sound financial managementeconomy, in particular regarding economy efficiency and efficiencyeffectiveness; (f) they shall be identifiable and verifiable, in particular they shall be recorded in the accounts of the beneficiary; in the case of third parties, they shall be recorded in the accounts of the third parties; (g) they shall be indicated in the estimated overall budget in Annex II; (h) they shall comply with the requirements of applicable tax and social legislation; (. Notwithstanding point a) of the first subparagraph, a beneficiary beneficiaries may opt to declare average personnel costs if the following cumulative criteria are fulfilled: (a) The average personnel cost methodology shall be the one declared by the beneficiary beneficiaries as its usual cost accounting practice; as such it shall be consistently applied to all the participations of the beneficiarybeneficiaries. (b) The methodology shall be based on the actual personnel costs of the beneficiary beneficiary(ies) as registered in its statutory accounts, without estimated or budgeted elements; (c) The methodology shall exclude from the average personnel rates any ineligible cost item as referred to in paragraph 2 and any costs claimed under other costs categories in order to avoid double funding of the same costs; (d) The number of productive hours used to calculate the average hourly rates shall correspond to the usual management practice of the beneficiary beneficiaries provided that it reflects the actual working standards of the beneficiarybeneficiairies, in compliance with applicable national legislation, collective labour agreements and contracts and that it is based on auditable data. A beneficiary beneficiaries may submit a certified methodology for approval by the Fusion for Energy on the basis of the criteria referred to in points (a) to (d) of the second subparagraph. Average personnel costs charged on the basis of methodologies which comply with the criteria referred to point (a) to (d) shall be deemed not to differ significantly from actual costs. Such a certificate shall be issued in accordance with the provisions laid down in Article II.4.4 II.5.4 and the relevant part of Form C in Annex IV, unless it has already been submitted for a previous grant agreement with Fusion for Energy and the methodology certified has not changed. 2. The following costs shall be considered as non-eligible and may not be charged to the action: (a) return on capital and dividends paid by a beneficiaryidentifiable indirect taxes including value added tax; (b) duties; (c) interest owed; (d) provisions for possible future losses or charges; (e) exchange losses, cost related to return on capital; (f) costs declared or incurred, or reimbursed in respect of another Community action; (g) debt and debt service charges; (c) provisions for losses or debts; (d) interest owed; (e) doubtful debts; (f) exchange losses; (g) costs of transfers from Fusion for Energy charged by the bank of a beneficiary; (h) costs declared by the beneficiary under another action receiving a grant financed from the Fusion for Energy or Union budget. Such grants include grants awarded by a Member State and financed from the Union budget and grants awarded by bodies other than the Commission for the purpose of implementing the Union budget. (i) contributions in kind free of charge from third parties; (j) , excessive or reckless expenditure;. (k) deductible VAT3. Contributions in kind shall not constitute eligible costs.