Financial Documentation Required for your BEC Application

The thresholds listed below are based on individual project costs for each organisation.
For example: 5 organisations submit a joint application with total costs of €250k each contributing €50k. Therefore, the financial documentation required is based on a threshold of €50k and not €250k.

Total Project Cost

Documents needed for Public Sector Applicants

Documents needed for Other Applicants

Less than €50,000

Declaration of Financial Resources Availability (Download Below)
Declaration of Financial Resources Availability (Download Below)

Greater than €50,000 but less than €200,000

Declaration of Financial Resources Availability (Download Below)

Declaration of Financial Resources Availability (Download Below)
and
Supporting Evidence
(bank statement or letter from financial institution or entity making funding available - Download Example Below)

Greater than €200,000

Declaration of Financial Resources Availability (Download Below)
Declaration of Financial Resources Availability (Download Below)
and
Supporting Evidence
(bank statement or letter from financial institution or entity providing funding - Download Example Below)
and
Declaration of Solvency (Download Below)

Declaration of Financial Resources Availability

DecOfFinancialResources.docx

Declaration of Solvency

DecOfSolvency.docx

Bank Statement

(showing at least 50% of cost) - only required for projects > €50K

Template statement copy.pdf

Example of Reclaimablity of VAT Letter

Sports Clubs, communities organisations and charities may not be entitled to claim some or all of the VAT on project costs back in the normal way through the revenue service. If this is the case SEAI will allow the VAT as an eligible expense for grant purposes however, the organisation must provide a letter from the revenue stating their VAT status. Download an example of the type of letter you can request from your local revenue office by hitting the download button to the right.
Revenue letter re non claimable VAT.pdf

Example of VAT Status Letter

Bray_Hockey_ClubVATltr.pdf