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. A professional legal advisor experienced in such consortium contracts offers you the following services: If the consortium has decided not to sign its grant during the preparation phase of the financial aid, it can start the termination process via the computer tool for the management of the grant. Look at the detailed screens and descriptions in the termination before signing the grant. Since the consortium agreement is in fact a commercial agreement, we recommend the services of a legal advisor competent to develop such agreements. There is a clear motivation to start drawing up the agreement as soon as possible. This may be the case during the preparatory phase of the proposal, when operational relations between partners are in place and tasks are assigned. It is a good practice to ensure that the project is well planned, including all legal aspects, before it is presented. This practice can help avoid unwanted conflicts between partners in the future. 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. In order to optimize the use of available time and resources, there is a good opportunity to develop this agreement, after the EC has indicated that the project will be chosen for funding and before the EC requests the signing of the grant agreement. This period is approximately three months, which is sufficient to prepare and conclude the consortium agreement.