Brussels, 22 Sep 2003
1. A proposal for the budget 2004 prepared by the Commission services (DG Research) in cooperation with the new COST Office was presented to the JAF Group on 12 September. This draft budget served as a basis for discussion.
2. The Group had an extensive exchange of views in particular on the application of both existing support models by the COST Office as proposed in the technical annex of the contract, set out in COST 262/03, i.e. the system of annual grants as applied in the TIST area and the networking support model as used by the services of DG Research.
3. The Group arrived at the conclusion that the draft budget as presented constituted a workable suggestion for the first full operational year of the COST Office. However, it was agreed that a slightly revised version would be presented soon after the meeting.
4. Therefore, the JAF Group suggests to the CSO to examine the attached revised version of the draft budget at its meeting on October 3, 2003, with a view to reaching a conclusion by the CSO.