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Frequently Asked Questions: RI: Financial issues - General
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According to special clause 17, "Community financial support for access costs shall not exceed 20% of the operating costs incurred by the installation providing the access over the duration of the project": How is this percentage determined?
Posted by Dora Farmaki on 19 July 2010 09:56 AM
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There is on one hand the total cost for operating the "installation" as part of the RI. On the other hand there are the calculated access costs to be financed via the RI project. Within the time frame where access is provided the cumulated access costs may not exceed 20% of the total operating costs. So if an installation has running costs of 1 Mio. Euro per year and access is provided for three years, the reimbursed access costs cannot be higher than (1 Mio. Euro * 3 years * 20%) = 600.000 Euro | |
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