That "buffer" model is more or less the default for public R&D funding in Germany as well as the EU. It allows for a bit of innovation in the grant process (alt

That "buffer" model is more or less the default for public R&D funding in Germany as well as the EU. It allows for a bit of innovation in the grant process (although they're often administered by agencies that are every bit as beaurocratic as you'd expect them to be)