FAQ n.21932

What is a financial estimate?

Answer

The financial estimate is for information purposes only and is not mandatory for the applicant and aims at increasing the transparency on costs before the project starts.

It is a first estimation of working hours given by the technical section, before starting the technical investigation. The financial estimate is provided to the applicant upon request and only once the financial estimate is confirmed by the applicant an EASA Project will be created.

In case the foreseen working hours are not sufficient, the financial estimate may be revised and submitted to the applicant for acceptance. Please note that financial estimates are valid 3 months only.

Last updated: 
25/01/2017

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