Awards shall cover 100% of the direct costs of the Recipient Project, provided such costs are Permitted Expenditure. Permitted expenditure is expenditure which is reasonably incurred and properly evidenced and is directly related to and necessary for the delivery of the Project, in accordance with the Project Plan and Budget; complies with the Subsidy Law (in the case of a UK enterprise) and is not an expenditure on an Ineligible Cost. Examples of types of permitted expenditure include an appropriate %FTE of staff (Post Docs), plus consumables directly related to funded work, access to specialist equipment/reagents, and Contract Research Organisation work. Details on permitted expenditure can be found in the T&Cs.
Posted 13 / 10 / 23