1. INFSO-RI-508833 Enabling Grids for E-sciencE www.eu-egee.org Financial Status EGEE Collaboration Board – Athens – April 20 th, 2005. Severine Bergerot

2. Enabling Grids for E-sciencE INFSO-RI-508833 Financial Status, Collaboration Board, 20th April 2005 2 Content Feedback on the overall P1 process Financial Statement status Next Payments Next Submissions Please take note of all your questions and keep them for the open Q&A session (agenda point 5)

3. Enabling Grids for E-sciencE INFSO-RI-508833 Financial Status, Collaboration Board, 20th April 2005 3 Feedback on the overall process Thanks……

4. Enabling Grids for E-sciencE INFSO-RI-508833 Financial Status, Collaboration Board, 20th April 2005 4 Financial Statement status Requested Contribution for P1: 10,332 kEur Expected Amount accepted by the EU: 10,212 kEur Expected Amount rejected by the EU: 120 kEur –Small administrative concerns  Forms signed by a person not in the CPF  Exchange rates not indicated  Wrong exchange rates –Main big issues  Cases in which the work was not done by the contracting participant and all legal procedures to allow it had not been fulfilled –Partners concerned  39 - UiB  34 - KU-NATFAK

5. Enabling Grids for E-sciencE INFSO-RI-508833 Financial Status, Collaboration Board, 20th April 2005 5 Next Payments Depending on the contract amendment submission and final acceptance of cost statement For the money received till now: –The accepted costs (10.2MEuro) get the status of ‘payment’ –The difference between the money received and the costs accepted will be deducted from pre-financing 2 The EU should issue Pre-financing 2 by the end of June –PF2= 85%*(total remaining budget)-(PF1-Accepted CostsP1) –Scheme applied to each partner… –A table will be distributed for approval as soon as the final figures are known

6. Enabling Grids for E-sciencE INFSO-RI-508833 Financial Status, Collaboration Board, 20th April 2005 6 Next Submissions Monthly Timesheets at M+5 Quarterly ICC at Q+15 Final Form C and audit certificates – ASAP after March 31 st 2006 –All costs must be actual and certified

7. Enabling Grids for E-sciencE INFSO-RI-508833 Financial Status, Collaboration Board, 20th April 2005 7 Y1 financial situation After one year, 14.4MEuro has been spent This represents 45% of our total maximum EU contribution