Distributing Pre-financnig
August 7th, 2008 — IrishkidHello,
This is for Research for SME programme
I have a question concerning the distrubtion of the pre-financing. In the Coodinators meeting the Commission stronly suggested that the prefinancing be sent the SMEs and then the RTD performers should bill the SMEs. Recently I have heard from some larger RTD performers who are coordinating projects in the same programme that they are sending the prefinancing direct to the RTD performers who would then send a proforma bill to the smes. This would all be defined in the Consortium agreeent. Is this process also ok?
Thanks