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One of the specificities of the ERC Grant Agreement is the split of the reporting into two distinct sets of reporting periods, in order to diminish the administrative burden on the researchers:
-Scientific reports, usually after half of the project (30 months) and at the end of the project in Starting and Advanced Grants and two intermediate reports (usually every 24 months) and one at the end of the project in Synergy Grants. Scientific reports are submitted by the Principal Investigator on behalf of the Host Institution/beneficiary;
- Financial reports, usually every 18 months and at the end of the project. Financial reports are submitted by the Host Institution with a contribution from the Principal Investigator, as per General Conditions to the ERC Grant Agreement, Article II.3.1.b for Single or Article II.3.bis.1.b for Multi-beneficiary Grant Agreements.
Two different departments/units in the ERCEA follow the (two) separate reporting streams to independently ensure appropriate work progress, follow-up and monitoring of the project. The templates are sent via advance notice letter 15 days before the end of the reporting period (in order to ensure that the beneficiary uses the latest version available).
If the scientific report has been approved without conditions, the payment will be performed at the end of the next financial reporting period without the need of any additional scientific requirements (if no new scientific issues arise meanwhile). If the scientific report has been approved conditionally, at the end of the next financial reporting period, the payment will be subject to verification that the suggested scientific recommendations have been properly fulfilled in the meantime. If the scientific report has been rejected and a revised version of the report was requested, the payment at the forthcoming financial reporting period will be suspended, until a satisfactory revised scientific report is submitted and approved by the scientific department. If the scientific report has been rejected, the ERCEA may start the procedure for termination of the Grant Agreement.
Final reports submitted within the framework of the termination will be due 45 days after the decision on termination became definitive.
In the evaluation of scientific reports, the ERCEA Scientific Department may require sometimes additional experts review. In these cases the time to evaluate the reports and disburse payments can be suspended till the review is satisfactory.
ERCEA does not recommend, as a common practice, to include names of individual researchers. Exceptions can be requested and have to be motivated. However, a list of all team members will be requested together with each financial report.
At the beginning of a ERC projects, 5% of the maximum contribution will be offset from the pre-financing and transferred to the Guarantee Fund as a financial contribution from the beneficiary. The Guarantee fund aims at covering financial risks and specifically non-reimbursement of amounts due by a beneficiary. At the end of a project, the beneficiary usually recovers its full contribution to the Guarantee Fund.
|The European Research Council (ERC) logo and European emblem can be downloaded from the ERC website logos and banners page. The ERC logo can be used by beneficiaries of ERC funding support for the sole purpose of acknowledging that suppport. No explicit permission is necessary to use the ERC logo in this case.|