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FP6 Financial Info & FAQs --> Contract Negotiation --> Financial Viability of Coordinator

It is advertised that one of the benefits of FP6 over FP5 is that they have eliminated the Financial Viability checks. This is not exactly correct. They have moved the responsibility to the consortium itself. There are two aspects, the Coordinator and the other contractors. The Commission will transfer funding to the consortium via the Coordinator and public money must be handled in a "safe" fashion. Thus the Commission will have to look at the Financial Viability of the Coordinator. Due to the more prominent position of the coordinator in FP6, the financial viability controls are significantly stricter.



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