Full cost model
The RCF applies the so-called full cost model. The full cost model applies to most of the funding granted by the RCF, and it affects the way in which funding applications and funding decisions are made, how funding is used, and how the use of funds is reported.
More information about the full cost model and its calculation coefficients (overheads and indirect employee costs) is available under Full cost model on our website.
More information
- Kokonaiskustannusmalliraportti 2015 (pdf)
- OKM: Kokonaiskustannusten laskentamenettelyä koskeva määräys (pdf)5.2016 OKM/44/592/2016
- The report by the STREAM working group (PDF, in Finnish) contains a recommendation on costs included in the overheads percentage as well as a recommendation on costs included in the coefficient for indirect employee costs.
