Difference between revisions of "EGI-InSPIRE:Advance Payments"

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The details of the Payments of PY2 closure are available [https://documents.egi.eu/document/1345 here]. It contains the following spreadsheets:
 
The details of the Payments of PY2 closure are available [https://documents.egi.eu/document/1345 here]. It contains the following spreadsheets:
  

Revision as of 10:00, 19 April 2013

EGI-Engage Project Office: Contact details Contracts, Minutes Reimbursing procedures Project reporting Advance Payments Financial reports Project Administration Archive



Global tasks Advance payments


EGI.eu distributes separately the funding related to the global efforts declared. A cumulative overview table is available.

Project Advance payments

A pre-financing payment equating to 40% of the total budget for the project was released from EC to EGI. From this, EGI is required to place 5% (of the total budget) in a Participant Guarantee Fund account managed by the European Investment Bank. When the project completes, this 5% will be returned to the participants with the final payment.

Quarterly payment are set-up to cover costs incurred in a quarter. It is based on the PPT effort returns.

Advance 1

It is the responsibility of the Lead Beneficiary to redistribute the money to its JRUs. The following table shows the share of funding for each participant, Leads and JRUs, for the total funding.

Pre-Financing and payment of Q1 May-June-July 2010:

40% of the total pre-financing received from the EC is decreased with the 5% corresponding to the PFG (Participant Guarantee Fund). The remaining 35% are distributed as follows:

  • 6 months effort equivalent paid as an advance - Table 1
  • quarterly payments based on the use of resources: Q1 payments - Table 2
    It shows for each participant, Leads and JRUs, the calculation of estimated funding used in Q1 according to the efforts used and task rate grouping.

Then EGI.eu distributes separately the funding related to the global efforts declared in Q1 see Table 3.


Advance 2

EC deliverable MS106-CO

Detailed Summary Payment per partners and JRUs This spreadsheet summarises the payments related to PQ2 and EGI.eu contribution to the Global efforts.

Advance 3

EC deliverable MS107-CO [MS-107-CO]

Payments of Q3 Nov-Dec 2010-Jan 2011: download the files [here]

  • PQ3 payments; this files includes 3 sheets:
    • Summary of PQ3 payments, per beneficiary (+ cumul of previous payments and pre-financing left)
    • Details of costs per partners & Tasks, for each JRUs the costs are distributed per tasks
    • Payment Adjustments PQ1-PQ2, per each JRUs, following the revisions of the timesheets in PPT
  • PQ3 Global taks payments related to E-tasks only
  • Payment Summary is an overview of both payments made from bank account of the project and from EGI.eu bank account to make it easily identifiable on your bank account


Advance 4

Costs accepted on 14/12/2011: EC deliverable MS111-CO

YEAR 1 EC summaries, download the following files here:

  • Summary Financial report-Payment calculation
  • Participant finance sheets
  • Project finance overview consolidated

The details of the payment and summary is available here:

  • Payment Summary is an overview of payment from EC funding and from EGI.eu grant of Global tasks
  • Summary of PQ4 payments, per beneficiary (+ cumul of previous payments and pre-financing left)
  • PPT extract: Detailed costs per partners & Tasks. For each JRUs the costs are distributed per tasks.

Note that Year1 balance of costs accepted versus quarterly payments excludes the 6 months prefinancing released along with Advance Nr1, which is considered as cash flow.

Advance 5

EC deliverable MS112-CO

The details of the Payments of PQ5 May-July 2011 available here:

  • Payment Summary is an overview of payment from EC funding and from EGI.eu grant of Global tasks
  • Summary of PQ5 payments, per beneficiary (+ cumul of previous payments and pre-financing left)
  • PPT extract: Detailed costs per partners & Tasks. For each JRUs the costs are distributed per tasks.


Advance 6

EC deliverable EGI-MS113-CO-(PQ6)

The details of the Payments of PQ6 Aug-Oct 2011 available here; it contains the following 3 spreadsheets:

  • Payment Summary is an overview of payment from EC funding and from EGI.eu grant of Global tasks
  • Summary of PQ6 payments, per beneficiary (+ cumul of previous payments and pre-financing left)
  • PPT extract: Detailed costs per partners & Tasks. For each JRUs the costs are distributed per tasks.

In addition here is also available the overview of the ditribution of the grant versus the work declare din PPT from the start of the project: DISTRIBUTION OF THE GRANT ANNUAL-wiki


Advance 7

EC deliverable EGI-MS114-CO-(PQ7)

The details of the Payments of PQ7 Nov2011-Jan 2012 available here; it contains the following 3 spreadsheets:

  • Payment Summary is an overview of payment from EC funding and from EGI.eu grant of Global tasks
  • Q7 Global tasks payment
  • Summary of PQ7 payments, per beneficiary (+ cumul of previous payments and pre-financing left)
  • PPT extract: Detailed costs per partners & Tasks. For each JRUs the costs are distributed per tasks.

In addition is also available the overview of the ditribution of the grant versus the work declared in PPT from the start of the project: DISTRIBUTION OF THE GRANT ANNUAL-wiki

Advance 8

The details of the Payments of PY2 closure are available here. It contains the following spreadsheets:

  • Payment Summary is an overview of payment from EC funding and from EGI.eu grant of Global tasks
  • Summary of PQ8 payments, per beneficiary (+ cumul of previous payments and pre-financing left)
  • EC deliverable: EGI-CO-(PQ8)
  • Detailed Q8 Global tasks payment

and the supporting documentation from the Commission:

  • Participant Finance Sheets.PDF (1.1 MB)
  • Project Overview Consolidated.PDF (59.5 kB)
  • Summary Financial report.PDF (83.7 kB)