Skip to content

Annex 5 – External financial contributions and double ceiling

Example: Application of the “double ceiling” rule with institutional co-funding of at least 30% of the FNR contribution.

Foreseen eligible costsSigned agreement% share
Institutional co-funding 

3.600.000 EUR

 

23%

 

30%

At least 30% of the FNR contribution
FNR contribution12.000.000 EUR77%
Total foreseen costs for the project15.600.000 EUR100%

1) Final report (actual costs < foreseen costs)% share
Total eligible costs14.500.000 EUR
Institutional co-funding 

3.335.000 EUR

 

23%

 

30%

At least 30% of the FNR contribution
FNR contribution11.165.000 EUR77%

2) Final report (actual costs > foreseen costs)% share
Total eligible actual costs15.900.000 EUR
Institutional co-funding 

3.9000.000 EUR

 

25%

 

33%

At least 30% of the FNR contribution
FNR contribution (limit agreement amount)12.000.000 EUR75%