A large portion of the ESS €1.843 B construction budget will be realised by means of In-Kind contributions from European Partners.
|The IKC process explained. Click to enlarge.|
An in-kind model on the scale of ESS has never been attempted in a European Big Science project, and it will serve as a model for such projects in the future. ESS is working with more than 40 European partner institutions, and more than 100 collaborating institutions worldwide under the in-kind model.
IKCs should peak in 2017, where an estimated 30% of the project spending profile for that year will come from in-kind agreements.
As the success of ESS to a great extent depends on schedule performance, in-kind agreements are on the critical path. In total, it is estimated that more than 35% of the €1.843 B ESS construction cost will be supplied through IKCs. Work packages actively under discussion with potential partners amount to approximately €385 M, 55% of the total estimated in-kind value of ESS.