Difference Between Grant Agreement And Consortium Agreement

All formal steps in the preparation of the grant agreement are described in the H2020 online manual. The consortium agreement complements the Horizon 2020 award agreement. While the grant agreement defines the binding legal relationship between the European Commission and the project partners, the consortium agreement defines and regulates the relationships between the partners themselves. Unlike the subsidy agreement (which is defined and cannot be amended), the Horizon 2020 consortium agreement is essentially a trade agreement between the partners. As such, it is flexible and can be adapted to the specific needs of the project and its partners. Remember — once the Horizon 2020 project is funded, a consortium partner will work together for a long time. That is why it is very important to have a binding agreement that takes into account the different expectations, requirements and circumstances that may arise. Nevertheless, there is an important point to bear in mind: the preparation of an agreement on the Horizon 2020 consortium requires a significant investment of time, resources and resources for legal assistance. If the project is not chosen by the European Commission for funding, such an allocation of money and time will essentially (and unfortunately) be wasted. While this is not mandatory, we recommend referring to the CA structure and guidelines when developing a consortium agreement. As mentioned above, it is advisable to use experienced legal advisors in the preparation of this agreement. The DESCA proposal should only be presented as a means of structuring the agreement in a general way and taking into account the important aspects that need to be taken into account. Make no mistake, preparations for financial aid may fail, even if it is in the interest of the EC and the consortium to submit to it.

Also note that every hour spent before the start of the project is not eligible. For simplicity`s sake, the EC has published an annotated grant agreement containing a reading of 730 faces, which contains a description of all GA articles. If the consortium has decided not to sign its grant during the pre-grant phase, it can initiate the termination process through the IT tool for grant management. Look at the detailed screens and descriptions in the termination before signing the grant.