EU Projects - sigarra.up.pt · Final grant amount - calculation Final grant amount is the lower of...
Transcript of EU Projects - sigarra.up.pt · Final grant amount - calculation Final grant amount is the lower of...
EU Projects
Financial aspects of H2020
26.06.2014
Financial aspects of H2020
Horizonte 2020 - Model Grant Agreement
Funding rate
Single indirect cost rate
Forms of costs
Funding model: impact on the EU contribution
Budget Categories of the General MGA
Final grant amount – calculation
Actual personnel costs - calculation
Elegibility of the costs
Reporting and payments
Controls and audits
How to prepare your budget
Electronic communication
Horizon 2020 - Annotated Model Grant Agreements
Horizon 2020 Model Grant Agreement – Specific Models
ERC MGA
Marie Sklodowska Curie MGA
SME Instrument
MGA
Co-fund MGA
GENERAL MODEL GRANT
AGREEMENT
H2020 Model Grant Agreement - Components
• Subject of the agreementChapter 1: General
• Action, duration and budgetChapter 2: Action
• Amount, rates, eligible costsChapter 3: Grant
• To implement the action: resources, in-kind contributions, subcontracts
• Grant administration: report, payments, audits
• Background and results: access rights, protection of results, exploitation, dissemination
• Others: gender equality, ethics, confidentiality
Chapter 4: Rights andobligations
• Roles and responsabilities, internal arrangementsChapter 5: Division of roles
• Rejection, reduction, recovery and penalties
• Suspension and termination of the action
Chapter 6: Rejection, reduction, penalties, termination, etc
• Accession, entry into force, amendments, applicable lawChapter 7: Final provisions
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H2020 Model Grant Agreement – Annexes to the grant
- Annex I: Description of the action
- Annex II: Estimated budget
- Annex III: Acession forms
- Annex IV: Financial statements
- Annex V: Certificate on the financial statements
- Annex VI: Certificate on the methodology
One project = one rateFor research actions
Maximumreimburseme
nt rates
Research and technologicaldevelopment
activities
Demonstration activities
Others activities
Network of excellence
50%75% (**)
100%
Collaborative project (****)
50%75% (**)
50% 100%
Coordinationand support action
100%(***)
Funding rate
• For all beneficiaries and activities in the grant• Defined in the work programme:
-Up to 100% of the eligible costs for research actions-Up to 70% for innovation actions (exception for non-profit organisations - up to 100%)
Single indirect costs rate
- Simplifying project management and removing recurrent errors
60%? 20%?
Real? Simplified?Single model: 25% flat rate
Funding Model: Impact on the EU contribution
75/60 FundingDirect costs
Indirect costs
Totalcosts
% EU
EU Contribution
100 60 160 75% 120
Direct costs
Indirect costs
Totalcosts
% EU
EU Contribution
100 25 125 100% 125
100/25 Funding
Forms of costs
• Costs actually incurred, identifiable and verifiable, recorded in the accounts
• Calculation method defined in the model GA
• Non-deductible VAT paid is also eligibleActual costs
• A fixed amount per unit determined by the Commission (e.g. SME owners, etc)
• For average personnel costs (based ond the usual accounting practices)Unit costs
• A percentage to be calculated on the eligible costs
• Example: Indirect costs = 25% Direct costsFlat rate
• A global amount to cover one or several categories of costs
• Example: Phase 1 of the SME instrumentLump sum
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Budget Categories of the General MGA
Direct personnel costs
Other direct costs
Subcontracting costs
Costs of providing financial support to third parties (if option applies)
Indirect costs
Specific categories of costs (if option apllies)
Estimated budget for the action – Model Annex 2 for General MGA
Budget Categories of the General MGA
• Direct personnel costs
Actual costs (gross) according to the dedication to the project
Average costs per category are eligible (if current practice)- End of the requirement for timesheets if there is a total dedication to theproject
Calculation of annual productive hours (3 options) - 1720h - Individual real productive hours (according to the contract of employment) - Actual productive hours with standard deviation up to 90% of 1720h (pro-rata)
Additional eligible costs (up to € 8.000 /year /person) in accordance with the dedication to the project
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Budget Categories of the General MGA
• Direct personnel costs
Staff costs - Additional Compensation
- Bonus up to € 8.000 (or pro-rata if not 100% dedicated to the action)
It is intended to cover costs of wage supplements from non-profit institutions(including public institutions)
Conditions:- Current practice of the institution for the same level of expertise- Use regardless of funding source (e.g. for all internal and external activities)
Budget Categories of the General MGA
• Other direct costs
- TravelActual costs
- Equipment - depreciation rate
Use the following formula:
(A / B) x C x D
A - Number of months that the equipment is used for the project B - Number of months of useful life of the equipment C - Actual cost of the equipment D - Percentage of use of the equipment for the project
Possibility of allocating the total cost if the depreciation is fully performed during the project
Budget Categories of the General MGA
• Subcontracting costs
- This budget category covers and is limited to the price paid for subcontractsand related taxes (for VAT, see Article 6.5 MGA)
- Direct costs of subcontracting must be declared as actual costs (i.e. on thebasis of the prices actually paid)
• Costs of providing financial support to third parties (if option applies)
- This budget category covers costs for financial support to third parties
- Direct costs of providing financial support to third parties must be declaredas actual costs (i.e. on the basis of the financial support actually paid)
Budget Categories of the General MGA
• Indirect Costs
- Must be declared with a flat rate - Calculation:
applies a flat rate of 25% of the eligible direct costs, from which are excluded:
- Costs of subcontracting - Costs of contributions in cash incurred by third parties outside the premises of the beneficiary - Costs of providing financial support to third parties (if the option applies) - Unit costs, or lump sum, specific cost categories that include indirect costs
Budget Categories of the General MGA
• Specific categories of costs (if option applies)
Declared as :
- Actual costs
- Unit costs: are eligible if foreseen by Commission decision
- Lump sum costs: are eligible if foreseen by Commission decision
Eligibility of the costs
Eligible costs
• This must be taken into account already at proposal stage, when the beneficiariesprepare the estimated budget for the action
• Moreover, all the costs the beneficiaries declare in their financial statements mustcomply with the general and specific conditions set out in the Article 6 (MGA):
- Article 6.1 refers to general eligibility conditions applicable per form of cost- Article 6.2 refers to specific eligibility conditions applicable per budget category
• The only eligible costs associated with the project are the ones incurred since thebeginning of the project. The costs associated with the preparation of the proposalare not eligible
Eligibility of the costs
Eligible costs
Direct costs (attributable directly to the project according to the beneficiary):
- RH (permanent and temporary staff) - MCA Inc. for SME Owners - Travel - Equipment - Depreciation rate - Consumables - Subcontracting - Financial Certifications
Non-recoverable VAT eligible
Chance of use of unit costs
Eligibility of the costs
Ineligible costs
Costs that do not comply with the conditions set out above (Article 6.1 to 6.4), inparticular:• Costs related to return on capital• Debt and debt service charges• Provisions for future losses or debts• Interest owed• Doubtful debts• Currency exchange losses• Bank costs charged by the beneficiary’s bank for transfers from the
[Commission][Agency]• Excessive or reckless expenditure• Deductible VAT• Costs incurred during suspension of the implementation of the action
Final grant amount - calculation
Final grant amount is the lower of the following two amounts obtained following
steps 1 to 3 or following to step 4
Step 1
• Application of reimbursement rates to eligible costs - Total approved eligible costs (actual costs, unit costs, flat-rate and lump sum costs, if any) x reimbursement rate (100% for research actions, 70% for innovation actions)
Step 2
• Limit to the maximum grant amount - The grant amount obtained in step 1 is capped at the maximum grant amount set out in the GA
The grant amount following Steps 1 and 2 is the lower of the two amounts
Step 3
• Reduction due to the no-profit rule• Profit of the action=Grant amount obtained in step 2 + receipts-total eligible costs of the action
If profit > 0 grant amount obtained in Step 2 is reduceIf Profit ≤ 0 grant amount obtained in Step 2 is not reduced
Step 4
• Reduction due to improper implementation or breach of other obligations under the GA at the payment of the balance
Actual personnel costs = Hours worked for the project x hourly rate
Hourly rate = 𝒙 =𝑨𝒏𝒏𝒖𝒂𝒍 𝒑𝒆𝒓𝒔𝒐𝒏𝒏𝒆𝒍 𝒄𝒐𝒔𝒕𝒔
𝑨𝒏𝒏𝒖𝒂𝒍 𝒑𝒓𝒐𝒅𝒖𝒄𝒕𝒊𝒗𝒆 𝒉𝒐𝒖𝒓𝒔
- The hourly rate is to be calculated per financial rate
- If the financial year is not closed at the time of reporting, the beneficiary must use the last closed financial year available
Actual personnel costs - calculation
Reporting and payments
• Number of the reporting periods is declared in the Grant Agreement
• 30 days (not 45) after beginning of the project - preefinancing
• Next payments similar to FP7 rules
REAL COSTS!
Controls and audits
Financial viability must be previously proven if:• Coordinators or• EC contribution is ≥ € 500 000
- Financial Strength (Liquidity, profitability and solvency)
- Ability to Co-financing
Performed by Central Validation Team - REA
Financial viability
Controls and audits – Financial reporting
Certificate on the Financial Statements
Required when the cumulative amount of interim payments and balance payments made to a participant is ≥ € 325 000
- Standardization of audits by different DGs of the EC - Common Audit Service
- Maintenance of records until 3 or 5 years after final payment
- Maximum 7% ex-post audits
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Controls and audits
How to prepare your budget – H2020 Set Up & Viability Check (UPorto)
Project Acronym Duration Call
CoordinatorPartner name UO Partner Nr.PIC Type of Action Researcher UPEC Funding RateIndirect Costs Rate WP 1 WP 2 WP 3 WP 4 WP 5 WP 6 WP 7 WP 8 TOTAL
Person Months 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00Permanent personnel costs 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00Temporary personnel costs 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Travel costs 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00Equipment costs 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Auditing costs 0,00Other costs 0,00
TOTAL DIRECT COSTS 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
INDIRECT COSTS 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Other subcontracting costs 0,00TOTAL SUBCONTRACTING 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
TOTAL COSTS 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00TOTAL EC REQUESTED GRANT 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Imputação de Vencimentos
Despesas efetivasTotal de Custos Diretos
Custos IndiretosTotal do orçamento
FinanciamentoSaldo
Overheads UO ViávelSaldo Liq
ALERTAS:
0,000,000,000,00
0,00
0,00
100%25%
Universidade do Porto (UPORTO)999894916
H2020 Budget Set up & Viability Check
Análise da viabilidade financeira do projeto
Custos não elegíveis: outros
Custos não elegíveis: amort.
0,000,00
0,00
Overheads UO
How to prepare your budget – H2020 Set Up & Viability Check (UPorto)
Staff 1 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 2 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 3 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 4 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 5 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 6 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
TOTAL 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 1 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 2 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 3 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 4 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 5 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 6 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
TOTAL 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 1 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 2 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 3 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 4 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 5 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Staff 6 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
TOTAL 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Equipment costs
Equipment 1
Equipment 2
Equipment 3
Equipment 4
Equipment 5
Equipment 6
Equipment 7
TOTAL 0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
Equipment Custo de aquisiçãoInserir o nº
do WP
Amortização não
elegivel
0,00 0,00
WP8
Custo WP7 CustoWP1 Custo WP1
WP1 Custo WP1 WP2 Custo WP3 Custo WP4 Custo
Temporary Personnel Costs - Bolsas
Pessoal Salário Anual
Custo Médio
Mensal
(12 meses)
% Dedicação Nº Meses PM
WP8 Custo TOTAL PMTOTAL PERMANENT
STAFF COSTS Custo WP6 Custo WP7 Custo
TOTAL PMWP8WP4TOTAL PERMANENT
STAFF COSTS Custo WP6Custo WP5
WP7 CustoCusto CustoWP5 CustoWP4 Custo WP6Pessoal Salário Anual
Custo Médio
Mensal
(11 meses)
% Dedicação Nº Meses PM WP1 Custo WP1
Permanent Personnel Costs
TOTAL PMTOTAL PERMANENT
STAFF COSTS WP2 Custo WP3 Custo
% amortização Nº Meses
WP2 Custo WP3 Custo
Temporary Personnel Costs - Outros contratados
Pessoal Salário Anual
Custo Médio
Mensal
(11 meses)
% Dedicação
Custo
PM WP5Nº Meses
Amortização
elegivel
How to prepare your budget – H2020 Set Up & Viability Check (UPorto)
Permanent Personnel Costs
CGA SS ADSE
ABC 0,00 0,00 0,00 0,00 0,00YZX 0,00 0,00 0,00 0,00 0,00
0,00 0,00 0,00 0,00 0,00
0,00 0,00 0,00 0,00 0,00
0,00 0,00 0,00 0,00 0,00
0,00 0,00 0,00 0,00 0,00
0,00 0,00 0,00 0,00 0,00
Temporary Personal Costs - Bolsas
ABC
YZX
Temporary Personal Costs - Outros
ABC 0,00YZX 0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
Remuneração base (após
corte)Professores SS SS 22,3% Subsidio alimentação
0,00
0,00
0,00
CGA 23,75% SS 22,3% ADSE 1,25%
Professores Valor mensal da Bolsa
ProfessoresRemuneração base (após
corte)
Despesa anual com
Remuneração Anual
2014 (estimativa)
Assilanar as situações aplicaveis
Seguro Social Voluntário
Subsidio
alimentação
Despesa anual com
Remuneração Anual
2014 (estimativa)
Despesa anual com Bolsas
0,00
0,00
0,00
0,00
How to prepare your budget – H2020 Set Up & Viability Check (UPorto)
Travel costs
Type
Travel 1 meeting 0,00
Travel 2 meeting 0,00
Travel 3 missions 0,00
Travel 4 other 0,00
Travel 5 0,00
Travel 6 0,00
Travel 7 0,00
TOTAL 0,00
Travel - Outras despesas
YearsMeeting 0,00
Congress 0,00
Missions 0,00
Others 0,00
TOTAL 0,00 0,00 0,00 0,00
Despesas N.º pessoasValor global
previsto N.º
TotalViagensInserir o nº
do WP
Total
Electronic communication
Electronic signature
• Of the grant agreement• Of the amendments• Financial statements and technical reports
Communication between the Commission and the beneficiares
• Trought the Participant Portal • Electronic-only submission of reports
Search H2020 Online Manual
Search by the Reference Documents (H2020 & FP7)
In conclusion…
Simplification of Rules for Participation, in particular regarding the funding modelwhere all types of participants receive similar funding rates in accordance with theactivities to be undertaken.
• One project = one funding rate
• EU contribution: up to 100% for all R&I activities
• Indirect costs: flat rate of 25% of direct eligible costs
• Non-recoverable VAT eligible
• Participant Portal: E-communication, e-signature of grants
• Fewer, better targeted controls/audits
• Lost? Ask for help!
Useful Links
H2020 National Contact Points Network:http://www.gppq.fct.pt/h2020/assuntos_legais_financeiros.php
H2020 Online Manual: http://ec.europa.eu/research/participants/docs/h2020-funding-guide/index_en.htm
H2020 Documents: http://ec.europa.eu/research/participants/portal/desktop/en/funding/reference_docs.html
H2020 Annotated Model Grant Agreementshttp://ec.europa.eu/research/participants/data/ref/h2020/grants_manual/amga/h2020-amga_en.pdf
Questions? Doubts?
Thank you, see you soon!