Lump sum funding in EU projects
Lump sum funding allows to reduce administration and financial errors. Lump sums make the projects simpler by removing the need to report actual costs.
Guidance on lump sums focuses on the limited number of aspects where lump sum funding deviates from the rules for traditional actual cost grants. This concerns the financial management (e.g., how the lump sum is fixed, and how it is paid). All the non-financial aspects remain the same as in actual cost grants.