Overheads: Flat rate vs. real
January 21st, 2008 — mpapapeHello, I have been coordinating an FP6 coordination action (CA). The EC funding was 100% with a flat rate of 20% for overheads. We developed the budget according to that and did the 2 first cost statements also with that rule. Then they informed us that we followed a wrong practice and we should actually (for the FC and AC partners) report the real overhead rate and then request from the EC only the 20%. What followed was a mess as we had to introduce adjustments to previous periods to correct this for the whole duration of the project.
Now I am a partner in an FP7 CA where the funding is 100% and the overheads a flat rate of 7%. the coordinator is assuring us that we should report only the 7% and not the real rate. Has something changed in FP7 in this regards? Does anyone have relevant experience or inforation?
Thank you