A consortium agreement is a binding contract signed between the partners of a Horizon 2020 cooperation project. The Horizon 2020 Agreement (Article 41.3) states that « recipients must make internal arrangements for their operation and coordination to ensure that the measures are properly implemented. These internal agreements must be established in a written « consortium agreement » between Horizon 2020 beneficiaries. What do you need to know about this agreement and the process of implementing an agreement? Keep reading to learn more. The ICC model is up-to-date and offers more detailed methods than other existing agreements to avoid differences and overcome difficulties. It draws attention to areas where digital instruments can improve the effectiveness of stakeholder cooperation. Simple language has been used as far as possible to allow users with limited or non-legal context to have direct access. More information is available in the European Commission`s detailed guide, including typical issues that can be addressed as part of the consortium agreement. Note: The costs of developing a consortium agreement are non-refundable, as the consortium agreement must be signed before the grant agreement is signed. However, the costs associated with updating the consortium agreement are eligible if they are incurred during the duration of the action. 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.