In-kind contributions suppose the valorisation of items by the Grant beneficiary, whilst however having no proven value. To be eligible costs must have been incurred (during the implementation period) and be verifiable. Contributions in-kind do not allow for this verification. They are not recognised as co-financing and it remains to the discretion of the Contracting Authority whether to consider as eligible the running costs produced by in-kind contributions where accepted by the basic act.

Date: 07/12/2009