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2026</a> </li> <li> <a href="/index.php/en/content/archives-2" data-drupal-link-system-path="node/161">Archives</a> </li> </ul> </ul> </nav> </div> </div> <div class="wrapper-center col-md-9 col-sm-12 col-xs-12"> <div class="region region-content"> <h1 class="page-header"> <span property="dc:title">Welcome to the Finance Committee</span> </h1> <div data-drupal-messages-fallback class="hidden"></div> <article data-history-node-id="8" about="/en/content/welcome-finance-committee" typeof="foaf:Document" class="page full clearfix"> <span property="dc:title" content="Welcome to the Finance Committee" class="hidden"></span> <span property="sioc:num_replies" datatype="xsd:integer" class="hidden"></span> <div class="content"> <div property="content:encoded" class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><address class="rtejustify"><span style="font-size: 14px;"><span style="font-family: arial,helvetica,sans-serif;">In accordance with the CERN Convention, the CERN Council set up a Finance Committee, comprising delegates representing the Governments of the twenty-four CERN Member States, as a subordinate body to advise it on the execution and co-ordination of the different programmes of the Organization.</span></span></address> <address align="justify"><span style="font-size: 14px;"><span style="font-family: arial,helvetica,sans-serif;">The Finance Committee meets four times a year, to address budgetary, procedural, personnel and commercial matters.</span></span></address> <address align="justify"><span style="font-size: 14px;"><span style="font-family: arial,helvetica,sans-serif;">In accordance with the recently adopted new CERN Governance principles, the Finance Committee in June each year discusses and recommends the Council to approve of the Annual Accounts of the preceding year, as well as the Medium-Term Plan, which includes the Budget for the following year. In the second half of the year, the Finance Committee advises the Council on the cost-variation index and the scale of contributions.</span></span></address> <address align="justify"><span style="font-size: 14px;"><span style="font-family: arial,helvetica,sans-serif;">The implementation of new accounting standards and the consequent changes to the Budget presentation required a revision of the CERN Financial Rules. The amended Financial Rules were approved by the Council in June 2017.</span></span></address> <address align="justify"><span style="font-size: 14px;"><span style="font-family: arial,helvetica,sans-serif;">For personnel issues, Finance Committee relies on the advice of TREF, the Tripartite Employment Conditions Forum, where the Staff Association, the Management and the Member States discuss proposals and measures relating to the Organization鈥檚 social and employment conditions.</span></span></address> <address align="justify"><span style="font-size: 14px;"><span style="font-family: arial,helvetica,sans-serif;">The Finance Committee adjudicates procurement and service contracts. A Working Group is about to complete a "Review of Purchasing Policy and Procedures" with aim of producing rules and regulations that are practical and enforceable and that will benefit the Organization and all the Member States.</span></span></address> <address align="justify"><span style="font-size: 14px;"><span style="font-family: arial,helvetica,sans-serif;">I hope that these pages will provide you with the information that you are seeking.</span></span></address> <address><span style="font-size: 14px;"><span style="font-family: arial,helvetica,sans-serif;"><br> Chair of the CERN Finance Committee<br> <span style="font-size: 14px;"><span style="font-family: arial,helvetica,sans-serif;"><a href="mailto:%20FC-Chairman@cern.ch">FC-Chair@cern.ch</a></span></span></span></span></address> </div> <section> </section> </div> </article> </div> </div> </div> </main> <footer role="contentinfo"> <div class="row cern-footer"> <div class="col-xs-12 col-sm-3 col-md-3 col-lg-3 footer-first-col"> <div class="region region-footercolumn1"> <section id="block-cernoverride-cern-block-1" class="block block-block-content block-block-content386bbeda-b4a9-4937-a0f9-552101ab682c clearfix"> <h2 class="block-title">Contact</h2> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--items"> <div class="field--item"><p><span class="style4">E-mail:</span> <a href="mailto:%20Council.Secretariat@cern.ch">Council.Secretariat@cern.ch</a><span aria-label="(link sends e-mail)" class="mailto"></span></p> </div> </div> </section> </div> </div> <div class="col-xs-12 col-sm-8 col-md-8 col-lg-8 footer-second-col"> <div class="row"> <!-- CONTACT US --> <div class="col-sm-5 col-md-4 col-md-offset-0 col-lg-4 col-lg-offset-0"> </div> <!-- general info --> <div class="col-sm-6 col-sm-offset-1 col-md-4 col-md-offset-0 col-lg-4"> <div class=" mb-4"> </div> </div> <!-- cern and you --> <div class="col-sm-6 col-sm-offset-6 col-md-4 col-md-offset-0 col-lg-4 col-lg-offset-0"> <div class=" mb-4"> </div> </div> </div> </div> <div class="col-xs-1 col-sm-1 col-md-1 col-lg-1 footer-last-logo"> <a href="https://home.cern/" title="CERN" target="_blank"><img src="/sites/default/themes/cernoverride/logo-dark.svg" alt="CERN"/></a> </div> </div> <div class="copy-wrapper dark"> <a href="https://copyright.web.cern.ch/"> Copyright </a> © 2024 CERN</div> </footer> </div> <script type="application/json" data-drupal-selector="drupal-settings-json">{"path":{"baseUrl":"\/","pathPrefix":"en\/","currentPath":"node\/8","currentPathIsAdmin":false,"isFront":false,"currentLanguage":"en"},"pluralDelimiter":"\u0003","suppressDeprecationErrors":true,"ajaxPageState":{"libraries":"eJxtjmEOgzAIhS9U5UiGWlLrsDQtGr39WnWLyfaDwMfjkWdFtGjGBEmSbJSN_W5UhDUkM1KOg6NtKIq6FmjcVe4uvvR2bDHDE07FYiHwLBa5Gg4O0Z_7kQnjP6GlyMH9msRRiSElUnjM_RT8xLV0rlEkE7i8JuTeBWTxPc64G9q1_nh9pBvNgiqLwNVMOYrSAi3wG1Fnbak","theme":"cernoverride","theme_token":null},"ajaxTrustedUrl":[],"matomo":{"disableCookies":false,"trackMailto":true,"trackColorbox":true},"data":{"extlink":{"extTarget":true,"extTargetNoOverride":false,"extNofollow":false,"extNoreferrer":false,"extFollowNoOverride":false,"extClass":"0","extLabel":"(link is external)","extImgClass":false,"extSubdomains":true,"extExclude":"","extInclude":"","extCssExclude":"","extCssExplicit":"","extAlert":false,"extAlertText":"This link will take you to an external web site. 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