Tuesday, March 29, 2022

COFUND: In which budget categories should the nature of co-funding (in cash or in kind) brought by the beneficiary/ partners be indicated? Is it in the table 1.1a, or just after this table?

Financial contributions:

In the part A –  own resources: resources from the beneficiary/ financial contributions: from partners

In the part B – the contributions from the beneficiary and partners must be included under ‘Total cost = EU contribution + own resources’ for the different categories in the table 1.1a.

If there is an in-kind contribution, it can be explained just after table 1.1a, but all financial contributions must be exact, quantified and included in part A and in Part B, table 1.1a.

The financial contributions (or in-kind contributions) from partners should be supported by letters of commitment (mandatory for Associated partners and highly encouraged for Implementing partners).

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