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CARBOOCEAN Final meeting, 9th October 2009 Finance and administration by Hege D. Høiland

SIXTH FRAMEWORK PROGRAMME PRIORITY 1.1.6.3 “Global Change and Ecosystems”. CARBOOCEAN Final meeting, 9th October 2009 Finance and administration by Hege D. Høiland. Contract for: INTEGRATED PROJECT. Financial status for the consortium – month 54.

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CARBOOCEAN Final meeting, 9th October 2009 Finance and administration by Hege D. Høiland

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  1. SIXTH FRAMEWORK PROGRAMME PRIORITY 1.1.6.3 “Global Change and Ecosystems” CARBOOCEANFinal meeting, 9th October 2009Finance and administrationby Hege D. Høiland Contract for: INTEGRATED PROJECT

  2. Financial status for the consortium – month 54

  3. Finance and administration in Project Period 5 • Received our last pre-financing from the Commission in July 2009 (Periodic Reports have thus been approved). • Payments made to the partners in October 2009. • Consortium has received 94% of its total contribution. The remaining 6 % will be paid by the Commission when the final reports have been approved (if the consortiums eligible costs add up to the total requested contribution). • The Executive Board will decide on any redistribution of funds between partners. A final decision will be made when all Form C and audit certificates have been submitted.

  4. Final periodic management report • All eligible costs must be recorded in the partners accounts within 31.12.2009. • Only exception are costs related to the final reports, which are eligible until 15.02.2010. For the partners this will be the cost of the audit certificate. • Cost adjustments may be made from previous periods (as long as the costs are eligible). • All partners must submit an audit certificate for period 5 (2009). Partners who have not settled their costs with audit certificates for previous periods, must also submit an audit certificate for these periods.

  5. Final periodic management report • We are to submit a periodic management report for period 5 plus a final management report consolidating the entire project period. • Table 4 (Explanation of deviations) and Table 5 (Scientific input to the management report) will be required for both period 5 and the for the project period. • Templates will be sent to the Financial Officers and responsible scientists in the beginning of December. DEADLINES: • 1st February 2010 10th February 2010 Tables to the management report Audit certificate(s) Form C

  6. Thank you for your cooperation with the administration of the CARBOOCEAN project, and especially thank you to your financial officers  !!

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