Separate budgets are established for costs incurred in managing the Consortium (i.e. the “Generic Costs”) and costs related to the collation and development of data, the “Work Group product-related-specific costs”.
The Generic Costs cover the costs for the Secretariat, the Trustee, the Accountant and external Legal Counsel, for assisting the Consortium.
Technical Work Group product-related-specific costs
These specific costs are the product-specific costs incurred by the Consortium for each Technical Working Group, particularly, but not only, related to:
Details of how the studies provided by Consortium members are valued etc. are to be found in the Consortium Agreement (see first page of the REACH CONSORTIUM section).
If a Member joins the Consortium after 1st May 2008, such Member shall pay, in addition to the fixed fee related to the administrative expenses of the Consortium and the variable fee covering product-related-specific costs for which he is liable, an “Advantage Compensation” calculated as a percentage of its total costs as follows:
Members who join after 1st May 2008 but before 1st May 2009 10 %
An applicant for membership who has not manufactured or imported the substance or product in question on the EEA market before the calendar year during which he applies for membership shall not be liable to pay the Advantage Compensation.
Upon payment of the amounts indicated above, the new Member immediately has the rights and obligations of an existing Member.