Current page: Information->Reimbursement of Costs->Labour Costs

LABOUR COSTS

Labour costs are reimbursed by the Commission to the member, via the prime contractor, following submission and acceptance of the consolidated six-monthly cost statement and after payment of the cost statement.

Members are eligible to claim labour costs only if they have concluded a written agreement with CAPTEC Ltd., typically on the basis of a proposed and approved specific action (see Information->Funding For Specific Actions).

An advance payment of 40% on all labour costs will be forwarded to any relevant member (this applies both to Area Leaders and to members who are awarded funding for specific actions).

Overheads of 20% will be paid to members on all labour costs. No overheads will be paid on travel, computing, and other costs which are reimbursed directly by CAPTEC Ltd.

No costs will be reimbursed unless the member has completed, signed, and submitted the Membership Agreement.


Site generated on Friday, 06 January 2006