1 / 8

BOSMIP IV Kick-off Meeting Zagreb, Croatia 24 May 2011 Assistant Project Manager

BOSMIP IV Kick-off Meeting Zagreb, Croatia 24 May 2011 Assistant Project Manager Leander van Laerhoven BUSINESSEUROPE. www.bosmip.eu. BOSMIP IV. Legal and Financial Issues Contract signed on 8/12/2010 End of project on 30/11/2012 Total budget: €486,794.012. Leander van Laerhoven.

chip
Download Presentation

BOSMIP IV Kick-off Meeting Zagreb, Croatia 24 May 2011 Assistant Project Manager

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. BOSMIP IV Kick-off Meeting Zagreb, Croatia 24 May 2011 Assistant Project Manager Leander van Laerhoven BUSINESSEUROPE www.bosmip.eu

  2. BOSMIP IV Legal and Financial Issues • Contract signed on 8/12/2010 • End of project on 30/11/2012 • Total budget: €486,794.012 Leander van Laerhoven

  3. BOSMIP IV – Financial Issues • Total budgeted financing European Commission: €379,699.33 - 78% • Total budgeted financing BOSMIP IV Partners: €107,094.68 - 22% • Total budgeted contribution DECP: €36,765.00 – 7.5% • How co-financing works for BOSMIP IV • Installments of payments – first, second, final Leander van Laerhoven

  4. BOSMIP IV – Financial Issues • Commission Reporting Rules • Original documentation: • Flight tickets, boarding passes, hotel invoices, invoices for all costs relating to seminar. • Rules on per diems • Rules on reimbursement (e.g. private vs. company accounts) • Rules on VAT • Time sheets • 10,000€ limit Leander van Laerhoven

  5. BOSMIP IV – Financial Issues • Reporting to the Commission • Interim financial report • Final financial report • Audit – done by external auditor • European Commission audit – up to 5 years after end of project Leander van Laerhoven

  6. BOSMIP IV – Financial Issues • Flexibility of further actions • 5% budgeted for contingency reserve Leander van Laerhoven

  7. Thank you for your attention Contact details: Leander van Laerhoven l.vanlaerhoven@businesseurope.eu This presentation has been produced with the financial assistance of the European Commission. The views expressed herein are those of BOSMIP IV and can therefore in no way be taken to reflect the official opinion of the European Commission. Leander van Laerhoven

  8. BOSMIP IV – Financial Issues Commission Funding: BSP II BSP III IPA SEP I Leander van Laerhoven

More Related