Common use of Reimbursement Rates Clause in Contracts

Reimbursement Rates. How much? The ‘reimbursement rate’ for RIA actions is normally 100% of the total eligible costs7; for IA actions it is normally 70% of the total eligible costs8. Exceptions: In exceptional cases fixed in the work programme, a lower reimbursement rate than the two mentioned above may apply. The eligible costs of non-profit beneficiaries/linked third parties participating in innovation actions may be reimbursed at 100%.9  For information on eligibility of costs, see Article 6. As a general principle there is only one funding (reimbursement) rate per action, the same for all activities and all beneficiaries of the action (one project — one funding rate).

Appears in 6 contracts

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

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Reimbursement Rates. How much? The ‘reimbursement rate’ for RIA actions is normally 100% of the total eligible costs7; for IA actions it is normally 70% of the total eligible costs8. Exceptions: In exceptional cases fixed in the work programme, a lower reimbursement rate than the two mentioned above may apply. The eligible costs of non-profit beneficiaries/linked third parties participating in innovation actions may be reimbursed at 100%.9 🛈 For information on eligibility of costs, see Article 6. As a general principle there is only one funding (reimbursement) rate per action, the same for all activities and all beneficiaries of the action (one project — one funding rate).

Appears in 3 contracts

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

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