# EU funds (ITMS2014+)

> Contracts financed from EU structural funds recorded in the ITMS2014+ system, included in the company procurement summary.

ITMS2014+ is the information system for projects financed from EU structural funds. Its contracts are a full part of the picture of a company public revenue – they are simply tendered through the EU funds system rather than the Public Procurement Office.

## What the register contains
- EU structural fund contracts the company won
- Value of those contracts, merged into the procurement summary

## Fields we return

| Field | Meaning |
| --- | --- |
| `count` | Number of contracts the entity won as a successful bidder, EU-funded ones included. |
| `total_awarded_value` | Sum of awarded contract values in EUR. |

## How to request the data

```http
GET /v1/company/ico/51636549?scope=procurement

{
  "procurement_summary": {
    "count": 5,
    "total_awarded_value": 312450.0
  }
}
```

## How often we update

Weekly. ITMS2014+ contracts are pulled once a week and written into the same record as Public Procurement Office contracts.

## What it is used for

Companies drawing EU funds have a different cash flow profile from those with ordinary commercial customers – payments arrive at milestones and with a delay. That is worth factoring into a liquidity assessment.

For suppliers to the public sector, the list of EU fund beneficiaries is a list of companies with an allocated grant and therefore a budget for a specific project.

## Frequently asked questions

### Why are EU-funded contracts in the same field as national ones?

Because for the purpose of assessing a company they are the same thing – a won contract financed from public money. Splitting by which system records it would complicate the response without adding use.

### Do you return the projects themselves, not just contracts?

Publicly financed projects live in the Central Project Register, which we return separately under the crp_projects scope.