Identification of direct and indirect costs. 1. Direct costs are all those eligible costs which can be attributed directly to the action and are identified by the beneficiary as such, in accordance with its accounting principles and its usual internal rules. In particular, the following categories of costs are eligible direct costs, provided that they satisfy the conditions of eligibility set out in Article II.13 as well as the following conditions:
(a) the costs of personnel working under an employment contract with the beneficiary or an equivalent appointing act and assigned to the action, provided that these costs are in line with the beneficiary’s usual policy on remuneration. Those costs include actual salaries plus social security contributions and other statutory costs included in the remuneration. They may also comprise additional remunerations, including payments on the basis of supplementary contracts regardless of the nature of those contracts, provided that they are paid in a consistent manner whenever the same kind of work or expertise is required, independently from the source of funding used. The costs of natural persons working under a contract with the beneficiary other than an employment contract or seconded to the beneficiary by a third party against payment may be assimilated to such costs of personnel, provided that the following conditions are fulfilled:
(i) the natural person works under the instructions of the beneficiary and, unless otherwise agreed with the beneficiary, in the premises of the beneficiary;
(ii) the result of the work belongs to the beneficiary; and
(iii) the costs are not significantly different from the costs of staff performing similar tasks under an employment contract with the beneficiary;
(b) costs of travel and related subsistence allowances, provided that these costs are in line with the beneficiary’s usual practices on travel;
(c) the depreciation costs of equipment or other assets (new or second-hand) as recorded in the accounting statements of the beneficiary, provided that the asset:
(i) is written off in accordance with the international accounting standards and the usual accounting practices of the beneficiary and
(ii) has been purchased in accordance with Article II.8.4 if the purchase occurred within the implementation period; The costs of rental or lease of equipment or other assets are also eligible, provided that these costs do not exceed the depreciation costs of similar equipment or assets and are exclusive of any finance fee; Only the por...
Identification of direct and indirect costs. 1. Direct costs are all those eligible costs which can be attributed directly to the action and are identified by the beneficiary as such, in accordance with its accounting principles and its usual internal rules. With regard to personnel costs, only the costs of the actual hours worked by the persons directly carrying out work under the action may be charged. Such persons shall:
(a) be directly hired by the beneficiary in accordance with its national legislation;
(b) work under the sole technical supervision and responsibility of the latter, and
(c) be remunerated in accordance with the normal practices of the beneficiary. Costs related to parental leave for persons who are directly carrying out the action are eligible costs, in proportion to the time dedicated to the action, provided that they are mandatory under national law.
2. Indirect costs are all those eligible costs which cannot be identified by the beneficiary as being directly attributed to the action but which can be identified and justified by its accounting system as being incurred in direct relationship with the eligible direct costs attributed to the action. They may not include any eligible direct costs. Indirect costs shall represent a fair apportionment of the overall overheads of the organisation. They may be identified according to one of the following methods:
(a) Based on actual indirect costs for those beneficiaries which have an analytical accounting system to identify their indirect costs as indicated above. For this purpose, a beneficiary is allowed to use a simplified method of calculation of its full indirect eligible costs at the level of its legal entity if this is in accordance with its usual accounting and management principles and practices. Use of such a method is only acceptable where the lack of analytical accounting or the legal requirement to use a form of cash-based accounting prevents detailed cost allocation. The simplified approach shall be based on actual costs derived from the financial accounts of the last closed accounting year.
(b) A beneficiary may opt for a flat rate of 20% of its total direct eligible costs, excluding its direct eligible costs for subcontracting.
3. The beneficiary shall apply the option chosen in paragraph 2 to all grant agreements concluded with Fusion for Energy. However, any beneficiary that has opted for the possibility described in paragraph 2(b) in a previous grant agreement may opt in this grant agreement for one of the methods des...
Identification of direct and indirect costs. Direct costs are all those eligible costs which can be attributed directly to the action and are identified by the beneficiary as such, in accordance with its accounting principles and its usual internal rules. With regard to personnel costs, only the costs of the actual hours worked by the persons directly carrying out work under the action may be charged. Such persons shall:
Identification of direct and indirect costs. Upon completion of the department head interviews, the Project Team will identify the direct and indirect costs provided by each department (or program as required). During this process, the Project Team will ensure that no direct costs will be included as indirect costs and vice-versa in the allocation process.
