Example: Application of the “double ceiling” rule with institutional co-funding of at least 30% of the FNR contribution.
Foreseen eligible costs | Signed agreement | % share | |
Institutional co-funding | 3.600.000 EUR | 23% | 30% |
At least 30% of the FNR contribution | |||
FNR contribution | 12.000.000 EUR | 77% | |
Total foreseen costs for the project | 15.600.000 EUR | 100% |
1) Final report (actual costs < foreseen costs) | % share | ||
Total eligible costs | 14.500.000 EUR | ||
Institutional co-funding | 3.335.000 EUR | 23% | 30% |
At least 30% of the FNR contribution | |||
FNR contribution | 11.165.000 EUR | 77% |
2) Final report (actual costs > foreseen costs) | % share | ||
Total eligible actual costs | 15.900.000 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 EUR | 75% |