raingain presentation : project & finance management
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Raingain Presentation : project & finance management by TU DelftTRANSCRIPT
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Project & finance management
Kick-off meeting Interreg IVB Raingain
Paris, 17th & 18th November 2011
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IntroductionLuc van Raaij• Since 2006 involved in European programmes and projects. Working for
European and Regional Affairs Consultants (ERAC). • Appointed by TU Delft as project and finance manager;
Role in project (monitor, control and report)• Project & finance manager;• To draw up the project manual;• Make available Interreg expertise & knowledge;• Guide you through the reporting process;• Answer questions on Interreg, project – finance management;• To safeguard the “contract” (compliance, progress activities vs expenditure).
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Focus on rules…• FLC designation• Evidence of tendering procedures (comply to internal, national and EU rules);• Documentation: evidence must be kept until 2023;• Partners must be able to explain:
• Why they took certain contracting decisions;• How they calculated hourly rates for staff costs;• Why person x traveled to y and stayed for z days;• Project relevance;
• Documentation of events (signed participation lists, programme, agenda, minutes);
• Any changes in budget should be communicated upfront and approved by JTS;
• Spend your project money as underspending can lead to cutting of project money
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… and procedures• Financial management structure is characterised as decentralised, relying on
devolved responsibility;
• Bi-annual reporting (april & october);• 2 kinds of reports (progress on activities and results, financial)
• Common mistakes• VAT miscalculations;• Missing invoices;• Tendering procedures;• No explanation of calculations
• Partners will be advised to prepare a draft report before the first claim in april 2012.
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Project so far….
• Distributed the signed subsidy contract to the partners;• Set up the project administration;• Developed and distributed a project manual guide (PMG) to the partners
• The manual should be seen as a first reference for questions and guidance.• It includes the most important documents from NWE and EC and moreover it
covers subjects such as: regulations, project details, budget, principles of EU funding, auditing, reporting, eligibility, modifications, procurement and publicity.
• Partners are advised to read it carefully!
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Short term actions
• Appoint first level control;
• Sign partnership agreement
• Set up project administration
• Set up a monitor, control and report system
• Planning partner visits
• Prepare for first progress report (april 2012)
• Develop a time schedule
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Questions?
+31 6 511 611 70