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 costs6; for IA actions it is normally 70% of the total eligible costs7. The eligible costs of non-profit beneficiaries/linked third parties participating in innovation actions may be reimbursed at 100%.8 In exceptional cases fixed in the work programme/call, lower reimbursement rates may apply. 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: Annotated Model Grant Agreement, Annotated Model Grant Agreement, Annotated Model Grant Agreement

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Reimbursement Rates. How much? The ‘reimbursement rate’ for RIA actions is normally 100% of the total eligible costs6; for IA actions it is normally 70% of the total eligible costs7. In exceptional cases fixed in the work programme/call, 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%.8 In exceptional cases fixed in the work programme/call, lower reimbursement rates may apply. 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 2 contracts

Samples: Annotated Model Grant Agreement, Annotated Model Grant Agreement

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