diff --git a/client/src/containers/projects/form/assumptions/columns.tsx b/client/src/containers/projects/form/assumptions/columns.tsx
index 788e0e81..27a33dd9 100644
--- a/client/src/containers/projects/form/assumptions/columns.tsx
+++ b/client/src/containers/projects/form/assumptions/columns.tsx
@@ -2,7 +2,7 @@ import { createColumnHelper } from "@tanstack/react-table";
 
 import CellValue from "@/containers/projects/form/cell-value";
 import { DataColumnDef } from "@/containers/projects/form/cost-inputs-overrides/constants";
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 import {
   formatCellValue,
   shouldFormatToPercentage,
@@ -11,7 +11,7 @@ import {
 import { Label } from "@/components/ui/label";
 
 export type AssumptionsFormProperty =
-  `assumption.${keyof NonNullable<CreateCustomProjectForm["assumptions"]>}`;
+  `assumption.${keyof NonNullable<CustomProjectForm["assumptions"]>}`;
 
 const columnHelper =
   createColumnHelper<DataColumnDef<AssumptionsFormProperty>>();
@@ -45,8 +45,7 @@ export const COLUMNS = [
     cell: (props) => (
       <CellValue
         name={
-          props.row.original
-            .property as keyof CreateCustomProjectForm["assumptions"]
+          props.row.original.property as keyof CustomProjectForm["assumptions"]
         }
         isPercentage={shouldFormatToPercentage(props.row.original.unit)}
       />
diff --git a/client/src/containers/projects/form/assumptions/index.tsx b/client/src/containers/projects/form/assumptions/index.tsx
index c6def173..1038fe58 100644
--- a/client/src/containers/projects/form/assumptions/index.tsx
+++ b/client/src/containers/projects/form/assumptions/index.tsx
@@ -15,7 +15,7 @@ import {
   COLUMNS,
 } from "@/containers/projects/form/assumptions/columns";
 import { DataColumnDef } from "@/containers/projects/form/cost-inputs-overrides/constants";
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 
 import {
   Accordion,
@@ -35,7 +35,7 @@ import {
 export const NO_DATA: DataColumnDef<AssumptionsFormProperty>[] = [];
 
 export default function AssumptionsProjectForm() {
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
 
   const { ecosystem, activity } = form.getValues();
 
diff --git a/client/src/containers/projects/form/cell-value.tsx b/client/src/containers/projects/form/cell-value.tsx
index 7807c38a..be75a1c2 100644
--- a/client/src/containers/projects/form/cell-value.tsx
+++ b/client/src/containers/projects/form/cell-value.tsx
@@ -5,7 +5,7 @@ import { useFormContext } from "react-hook-form";
 import { toDecimalPercentageValue } from "@/lib/format";
 import { cn } from "@/lib/utils";
 
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 
 import {
   FormControl,
@@ -21,12 +21,12 @@ export default function CellValue({
   hasUnit = false,
   isPercentage = false,
 }: {
-  name: keyof CreateCustomProjectForm;
+  name: keyof CustomProjectForm;
   className?: ComponentProps<typeof FormControl>["className"];
   hasUnit?: boolean;
   isPercentage?: boolean;
 }) {
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
 
   return (
     <FormField
diff --git a/client/src/containers/projects/form/cost-inputs-overrides/capex/columns.tsx b/client/src/containers/projects/form/cost-inputs-overrides/capex/columns.tsx
index bbf9ee98..fa3ead04 100644
--- a/client/src/containers/projects/form/cost-inputs-overrides/capex/columns.tsx
+++ b/client/src/containers/projects/form/cost-inputs-overrides/capex/columns.tsx
@@ -7,7 +7,7 @@ import {
   COST_INPUTS_KEYS,
   DataColumnDef,
 } from "@/containers/projects/form/cost-inputs-overrides/constants";
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 import {
   formatCellValue,
   shouldFormatToPercentage,
@@ -50,8 +50,7 @@ export const COLUMNS = [
       return (
         <CellValue
           name={
-            props.row.original
-              .property as keyof CreateCustomProjectForm["costInputs"]
+            props.row.original.property as keyof CustomProjectForm["costInputs"]
           }
           isPercentage={shouldFormatToPercentage(props.row.original.unit)}
         />
diff --git a/client/src/containers/projects/form/cost-inputs-overrides/capex/index.tsx b/client/src/containers/projects/form/cost-inputs-overrides/capex/index.tsx
index 26fd32c5..ae8f70c8 100644
--- a/client/src/containers/projects/form/cost-inputs-overrides/capex/index.tsx
+++ b/client/src/containers/projects/form/cost-inputs-overrides/capex/index.tsx
@@ -19,7 +19,7 @@ import {
   COST_INPUTS_KEYS,
   DataColumnDef,
 } from "@/containers/projects/form/cost-inputs-overrides/constants";
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 
 import {
   Table,
@@ -33,7 +33,7 @@ import {
 const NO_DATA: DataColumnDef<CapexFormProperty>[] = [];
 
 export default function CapexCostInputsTable() {
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
 
   const {
     ecosystem,
diff --git a/client/src/containers/projects/form/cost-inputs-overrides/constants.ts b/client/src/containers/projects/form/cost-inputs-overrides/constants.ts
index 4464a2bb..e5726ec4 100644
--- a/client/src/containers/projects/form/cost-inputs-overrides/constants.ts
+++ b/client/src/containers/projects/form/cost-inputs-overrides/constants.ts
@@ -1,6 +1,6 @@
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 
-type CostInputsKeys = NonNullable<CreateCustomProjectForm["costInputs"]>;
+type CostInputsKeys = NonNullable<CustomProjectForm["costInputs"]>;
 
 // todo: label dictionary
 
diff --git a/client/src/containers/projects/form/cost-inputs-overrides/opex/columns.tsx b/client/src/containers/projects/form/cost-inputs-overrides/opex/columns.tsx
index 49dbc365..3d85c907 100644
--- a/client/src/containers/projects/form/cost-inputs-overrides/opex/columns.tsx
+++ b/client/src/containers/projects/form/cost-inputs-overrides/opex/columns.tsx
@@ -7,7 +7,7 @@ import {
   COST_INPUTS_KEYS,
   DataColumnDef,
 } from "@/containers/projects/form/cost-inputs-overrides/constants";
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 import {
   formatCellValue,
   shouldFormatToPercentage,
@@ -50,8 +50,7 @@ export const COLUMNS = [
       return (
         <CellValue
           name={
-            props.row.original
-              .property as keyof CreateCustomProjectForm["costInputs"]
+            props.row.original.property as keyof CustomProjectForm["costInputs"]
           }
           isPercentage={shouldFormatToPercentage(props.row.original.unit)}
         />
diff --git a/client/src/containers/projects/form/cost-inputs-overrides/opex/index.tsx b/client/src/containers/projects/form/cost-inputs-overrides/opex/index.tsx
index 56a5e81e..ac50d17b 100644
--- a/client/src/containers/projects/form/cost-inputs-overrides/opex/index.tsx
+++ b/client/src/containers/projects/form/cost-inputs-overrides/opex/index.tsx
@@ -19,7 +19,7 @@ import {
   COLUMNS,
   OpexFormProperty,
 } from "@/containers/projects/form/cost-inputs-overrides/opex/columns";
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 
 import {
   Table,
@@ -33,7 +33,7 @@ import {
 const NO_DATA: DataColumnDef<OpexFormProperty>[] = [];
 
 export default function OpexCostInputsTable() {
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
 
   const {
     ecosystem,
diff --git a/client/src/containers/projects/form/cost-inputs-overrides/other/columns.tsx b/client/src/containers/projects/form/cost-inputs-overrides/other/columns.tsx
index b055ff52..324d039a 100644
--- a/client/src/containers/projects/form/cost-inputs-overrides/other/columns.tsx
+++ b/client/src/containers/projects/form/cost-inputs-overrides/other/columns.tsx
@@ -7,7 +7,7 @@ import {
   COST_INPUTS_KEYS,
   DataColumnDef,
 } from "@/containers/projects/form/cost-inputs-overrides/constants";
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 import {
   formatCellValue,
   shouldFormatToPercentage,
@@ -50,8 +50,7 @@ export const COLUMNS = [
       return (
         <CellValue
           name={
-            props.row.original
-              .property as keyof CreateCustomProjectForm["costInputs"]
+            props.row.original.property as keyof CustomProjectForm["costInputs"]
           }
           isPercentage={shouldFormatToPercentage(props.row.original.unit)}
         />
diff --git a/client/src/containers/projects/form/cost-inputs-overrides/other/index.tsx b/client/src/containers/projects/form/cost-inputs-overrides/other/index.tsx
index 34007fe0..fd5b20ef 100644
--- a/client/src/containers/projects/form/cost-inputs-overrides/other/index.tsx
+++ b/client/src/containers/projects/form/cost-inputs-overrides/other/index.tsx
@@ -19,7 +19,7 @@ import {
   COLUMNS,
   OtherFormProperty,
 } from "@/containers/projects/form/cost-inputs-overrides/other/columns";
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 
 import {
   Table,
@@ -33,7 +33,7 @@ import {
 const NO_DATA: DataColumnDef<OtherFormProperty>[] = [];
 
 export default function OtherCostInputsTable() {
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
 
   const {
     ecosystem,
diff --git a/client/src/containers/projects/form/header.tsx b/client/src/containers/projects/form/header.tsx
index 71835f4e..68e2c400 100644
--- a/client/src/containers/projects/form/header.tsx
+++ b/client/src/containers/projects/form/header.tsx
@@ -10,7 +10,7 @@ import { useSession } from "next-auth/react";
 import { queryKeys } from "@/lib/query-keys";
 import { getAuthHeader } from "@/lib/utils";
 
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 import {
   createCustomProject,
   parseFormValues,
@@ -27,14 +27,14 @@ interface HeaderProps {
 }
 
 export default function Header({ name, id }: HeaderProps) {
-  const methods = useFormContext<CreateCustomProjectForm>();
+  const methods = useFormContext<CustomProjectForm>();
   const { data: session } = useSession();
   const queryClient = useQueryClient();
   const router = useRouter();
   const { toast } = useToast();
   const isEdit = !!id;
   const handleSubmit = useCallback(
-    async (data: CreateCustomProjectForm) => {
+    async (data: CustomProjectForm) => {
       try {
         const formValues = parseFormValues(data);
 
diff --git a/client/src/containers/projects/form/index.tsx b/client/src/containers/projects/form/index.tsx
index 9f16cf81..2eb2d14e 100644
--- a/client/src/containers/projects/form/index.tsx
+++ b/client/src/containers/projects/form/index.tsx
@@ -10,7 +10,7 @@ import { ExtractAtomValue, useSetAtom } from "jotai";
 
 import Header from "@/containers/projects/form/header";
 import ProjectForm from "@/containers/projects/form/project-form";
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { type CustomProjectForm } from "@/containers/projects/form/setup";
 import ProjectSidebar from "@/containers/projects/form/sidebar";
 import { useDefaultFormValues } from "@/containers/projects/form/utils";
 import { formStepAtom } from "@/containers/projects/store";
@@ -26,7 +26,7 @@ export default function CustomProjectForm({ id }: CustomProjectFormProps) {
   const setIntersecting = useSetAtom(formStepAtom);
 
   const formValues = useDefaultFormValues(id);
-  const methods = useForm<CreateCustomProjectForm>({
+  const methods = useForm<CustomProjectForm>({
     resolver: zodResolver(CustomProjectSchema),
     defaultValues: formValues,
     mode: "all",
diff --git a/client/src/containers/projects/form/project-form/index.tsx b/client/src/containers/projects/form/project-form/index.tsx
index 3ef882ba..557a4061 100644
--- a/client/src/containers/projects/form/project-form/index.tsx
+++ b/client/src/containers/projects/form/project-form/index.tsx
@@ -6,7 +6,7 @@ import AssumptionsProjectForm from "@/containers/projects/form/assumptions";
 import CostInputsOverridesProjectForm from "@/containers/projects/form/cost-inputs-overrides";
 import RestorationPlanProjectForm from "@/containers/projects/form/restoration-plan";
 import SetupProjectForm, {
-  CreateCustomProjectForm,
+  CustomProjectForm,
 } from "@/containers/projects/form/setup";
 import {
   PROJECT_SETUP_STEPS,
@@ -16,7 +16,7 @@ import {
 import { Card } from "@/components/ui/card";
 
 export const useFormValues = () => {
-  const { getValues } = useFormContext<CreateCustomProjectForm>();
+  const { getValues } = useFormContext<CustomProjectForm>();
 
   return {
     ...getValues(),
@@ -25,7 +25,7 @@ export const useFormValues = () => {
 };
 
 export default function ProjectForm() {
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
   const { activity } = form.getValues();
 
   return (
diff --git a/client/src/containers/projects/form/restoration-plan/index.tsx b/client/src/containers/projects/form/restoration-plan/index.tsx
index a88e4623..82d765da 100644
--- a/client/src/containers/projects/form/restoration-plan/index.tsx
+++ b/client/src/containers/projects/form/restoration-plan/index.tsx
@@ -13,7 +13,7 @@ import { queryKeys } from "@/lib/query-keys";
 
 import { useFormValues } from "@/containers/projects/form/project-form";
 import { COLUMNS } from "@/containers/projects/form/restoration-plan/columns";
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 
 import {
   Accordion,
@@ -31,7 +31,7 @@ import {
 } from "@/components/ui/table";
 
 export default function RestorationPlanProjectForm() {
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
 
   const {
     ecosystem,
diff --git a/client/src/containers/projects/form/setup/conservation-project-details/index.tsx b/client/src/containers/projects/form/setup/conservation-project-details/index.tsx
index 88245f9c..cef6fefe 100644
--- a/client/src/containers/projects/form/setup/conservation-project-details/index.tsx
+++ b/client/src/containers/projects/form/setup/conservation-project-details/index.tsx
@@ -10,7 +10,7 @@ import {
 import { ECOSYSTEM } from "@shared/entities/ecosystem.enum";
 import { LOSS_RATE_USED } from "@shared/schemas/custom-projects/custom-project.schema";
 
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 import LossRate from "@/containers/projects/form/setup/conservation-project-details/loss-rate";
 import T1GlobalEmissionFactor from "@/containers/projects/form/setup/conservation-project-details/t1-global-emission-factor";
 import T2NationalEmissionFactors from "@/containers/projects/form/setup/conservation-project-details/t2-national-emission-factors";
@@ -34,7 +34,7 @@ import {
 } from "@/components/ui/select";
 
 export default function ConservationProjectDetails() {
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
 
   return (
     <Card variant="secondary" className="flex flex-col gap-4">
diff --git a/client/src/containers/projects/form/setup/conservation-project-details/loss-rate.tsx b/client/src/containers/projects/form/setup/conservation-project-details/loss-rate.tsx
index 8ca22eee..dba6e0c5 100644
--- a/client/src/containers/projects/form/setup/conservation-project-details/loss-rate.tsx
+++ b/client/src/containers/projects/form/setup/conservation-project-details/loss-rate.tsx
@@ -9,19 +9,14 @@ import { toPercentageValue } from "@/lib/format";
 import { client } from "@/lib/query-client";
 import { queryKeys } from "@/lib/query-keys";
 
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
+import ProjectSpecificLossRate from "@/containers/projects/form/setup/conservation-project-details/project-specific-loss-rate";
 
-import {
-  FormControl,
-  FormField,
-  FormItem,
-  FormLabel,
-  FormMessage,
-} from "@/components/ui/form";
+import { FormLabel } from "@/components/ui/form";
 import { Input } from "@/components/ui/input";
 
 export default function LossRate() {
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
 
   const {
     ecosystem,
@@ -81,35 +76,5 @@ export default function LossRate() {
     );
   }
 
-  return (
-    <FormField
-      control={form?.control}
-      name="parameters.projectSpecificLossRate"
-      render={() => (
-        <FormItem className="flex items-center justify-between gap-4 space-y-0">
-          <div className="flex-1">
-            <FormLabel
-              tooltip={{
-                title: "Project-specific loss rate",
-                content: "TBD",
-              }}
-            >
-              Project-specific loss rate
-            </FormLabel>
-          </div>
-          <FormControl className="relative after:absolute after:right-6 after:inline-block after:text-sm after:text-muted-foreground after:content-['%']">
-            <div className="relative flex flex-1 items-center">
-              <Input
-                {...form.register("parameters.projectSpecificLossRate")}
-                className="w-full pr-12"
-                type="number"
-                max={0}
-              />
-            </div>
-          </FormControl>
-          <FormMessage />
-        </FormItem>
-      )}
-    />
-  );
+  return <ProjectSpecificLossRate />;
 }
diff --git a/client/src/containers/projects/form/setup/conservation-project-details/project-specific-loss-rate.tsx b/client/src/containers/projects/form/setup/conservation-project-details/project-specific-loss-rate.tsx
new file mode 100644
index 00000000..76451ceb
--- /dev/null
+++ b/client/src/containers/projects/form/setup/conservation-project-details/project-specific-loss-rate.tsx
@@ -0,0 +1,77 @@
+import { useState, ChangeEvent } from "react";
+
+import { useFormContext } from "react-hook-form";
+
+import { toPercentageValue, toDecimalPercentageValue } from "@/lib/format";
+
+import { CustomProjectForm } from "@/containers/projects/form/setup";
+
+import {
+  FormField,
+  FormItem,
+  FormLabel,
+  FormControl,
+  FormMessage,
+} from "@/components/ui/form";
+import { Input } from "@/components/ui/input";
+
+/**
+ * Separate component for project specific loss rate,
+ * to make sure the percentage value is formatted correctly
+ * on each input change
+ */
+const ProjectSpecificLossRate = () => {
+  const form = useFormContext<CustomProjectForm>();
+  const parameters = form.getValues().parameters;
+  const [value, setValue] = useState<string>(
+    "projectSpecificLossRate" in parameters
+      ? toPercentageValue(parameters.projectSpecificLossRate)
+      : "",
+  );
+  const handleOnChange = (e: ChangeEvent<HTMLInputElement>) => {
+    const newValue = e.target.value;
+
+    // if newValue is not a valid number, it will be an empty string
+    if (newValue.length > 0) {
+      setValue(newValue);
+      form.setValue(
+        "parameters.projectSpecificLossRate",
+        toDecimalPercentageValue(newValue),
+      );
+    }
+  };
+
+  return (
+    <FormField
+      name="parameters.projectSpecificLossRate"
+      render={() => (
+        <FormItem className="flex items-center justify-between gap-4 space-y-0">
+          <div className="flex-1">
+            <FormLabel
+              tooltip={{
+                title: "Project-specific loss rate",
+                content: "TBD",
+              }}
+            >
+              Project-specific loss rate
+            </FormLabel>
+          </div>
+          <FormControl className="relative after:absolute after:right-6 after:inline-block after:text-sm after:text-muted-foreground after:content-['%']">
+            <div className="relative flex flex-1 items-center">
+              <Input
+                value={value}
+                onChange={handleOnChange}
+                className="w-full pr-12"
+                type="number"
+                max={0}
+              />
+            </div>
+          </FormControl>
+          <FormMessage />
+        </FormItem>
+      )}
+    />
+  );
+};
+
+export default ProjectSpecificLossRate;
diff --git a/client/src/containers/projects/form/setup/conservation-project-details/t1-global-emission-factor.tsx b/client/src/containers/projects/form/setup/conservation-project-details/t1-global-emission-factor.tsx
index a7a5e87b..e7a43245 100644
--- a/client/src/containers/projects/form/setup/conservation-project-details/t1-global-emission-factor.tsx
+++ b/client/src/containers/projects/form/setup/conservation-project-details/t1-global-emission-factor.tsx
@@ -7,14 +7,14 @@ import { ACTIVITY } from "@shared/entities/activity.enum";
 import { client } from "@/lib/query-client";
 import { queryKeys } from "@/lib/query-keys";
 
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 
 import { FormLabel } from "@/components/ui/form";
 import { Input } from "@/components/ui/input";
 
 // ? this input is read-only as it is informative to the user. It is not meant to be sent to the API.
 export default function T1GlobalEmissionFactor() {
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
 
   const { ecosystem, countryCode, activity } = form.getValues();
 
diff --git a/client/src/containers/projects/form/setup/conservation-project-details/t2-national-emission-factors.tsx b/client/src/containers/projects/form/setup/conservation-project-details/t2-national-emission-factors.tsx
index 2143b597..cbe553c3 100644
--- a/client/src/containers/projects/form/setup/conservation-project-details/t2-national-emission-factors.tsx
+++ b/client/src/containers/projects/form/setup/conservation-project-details/t2-national-emission-factors.tsx
@@ -7,14 +7,14 @@ import { ACTIVITY } from "@shared/entities/activity.enum";
 import { client } from "@/lib/query-client";
 import { queryKeys } from "@/lib/query-keys";
 
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 
 import { FormLabel } from "@/components/ui/form";
 import { Input } from "@/components/ui/input";
 
 // ? these inputs are read-only as it is informative to the user. They are not meant to be sent to the API.
 export default function T2NationalEmissionFactors() {
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
 
   const { ecosystem, countryCode, activity } = form.getValues();
 
diff --git a/client/src/containers/projects/form/setup/index.tsx b/client/src/containers/projects/form/setup/index.tsx
index 17a06166..0a5714bf 100644
--- a/client/src/containers/projects/form/setup/index.tsx
+++ b/client/src/containers/projects/form/setup/index.tsx
@@ -47,7 +47,7 @@ import {
   SelectValue,
 } from "@/components/ui/select";
 
-export type CreateCustomProjectForm = z.infer<typeof CustomProjectSchema>;
+export type CustomProjectForm = z.infer<typeof CustomProjectSchema>;
 
 export default function SetupProjectForm() {
   const { queryKey } = queryKeys.countries.all;
@@ -61,7 +61,7 @@ export default function SetupProjectForm() {
     },
   );
 
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
 
   const {
     activity,
diff --git a/client/src/containers/projects/form/setup/restoration-project-detail/index.tsx b/client/src/containers/projects/form/setup/restoration-project-detail/index.tsx
index 86ffabe5..5cf5c83d 100644
--- a/client/src/containers/projects/form/setup/restoration-project-detail/index.tsx
+++ b/client/src/containers/projects/form/setup/restoration-project-detail/index.tsx
@@ -13,7 +13,7 @@ import { toDecimalPercentageValue, toPercentageValue } from "@/lib/format";
 import { client } from "@/lib/query-client";
 import { queryKeys } from "@/lib/query-keys";
 
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 
 import { Card } from "@/components/ui/card";
 import {
@@ -33,7 +33,7 @@ import {
 } from "@/components/ui/select";
 
 export default function RestorationProjectDetails() {
-  const form = useFormContext<CreateCustomProjectForm>();
+  const form = useFormContext<CustomProjectForm>();
 
   const {
     ecosystem,
diff --git a/client/src/containers/projects/form/utils.ts b/client/src/containers/projects/form/utils.ts
index 8cd2ba22..0a237fd5 100644
--- a/client/src/containers/projects/form/utils.ts
+++ b/client/src/containers/projects/form/utils.ts
@@ -11,16 +11,15 @@ import { ASSUMPTIONS_NAME_TO_DTO_MAP } from "@shared/schemas/assumptions/assumpt
 import { LOSS_RATE_USED } from "@shared/schemas/custom-projects/custom-project.schema";
 import { useSession } from "next-auth/react";
 
-import { toDecimalPercentageValue, toPercentageValue } from "@/lib/format";
 import { client } from "@/lib/query-client";
 import { queryKeys } from "@/lib/query-keys";
 import { getAuthHeader } from "@/lib/utils";
 
 import { getQueryClient } from "@/app/providers";
 
-import { CreateCustomProjectForm } from "@/containers/projects/form/setup";
+import { CustomProjectForm } from "@/containers/projects/form/setup";
 
-export const parseFormValues = (data: CreateCustomProjectForm) => {
+export const parseFormValues = (data: CustomProjectForm) => {
   const queryClient = getQueryClient();
 
   const originalValues = { ...data };
@@ -82,13 +81,6 @@ export const parseFormValues = (data: CreateCustomProjectForm) => {
     parameters: {
       ...restParameters,
       // @ts-expect-error fix later
-      ...(restParameters?.projectSpecificLossRate && {
-        projectSpecificLossRate: toDecimalPercentageValue(
-          // @ts-expect-error fix later
-          restParameters.projectSpecificLossRate,
-        ),
-      }),
-      // @ts-expect-error fix later
       ...(restParameters?.plantingSuccessRate && {
         plantingSuccessRate:
           // @ts-expect-error fix later
@@ -134,7 +126,13 @@ export const parseFormValues = (data: CreateCustomProjectForm) => {
   };
 };
 
-export const useDefaultFormValues = (id?: string): CreateCustomProjectForm => {
+/**
+ * Note: All percentage values are kept in decimal form,
+ * formatting to whole percentage values (for UI display) is done at input component level
+ *
+ * @returns initial values for the form
+ */
+export const useDefaultFormValues = (id?: string): CustomProjectForm => {
   const { data: session } = useSession();
   const { queryKey } = queryKeys.customProjects.countries;
   const { data: countryOptions } =
@@ -185,11 +183,8 @@ export const useDefaultFormValues = (id?: string): CreateCustomProjectForm => {
       lossRateUsed:
         project?.input.parameters.lossRateUsed ||
         LOSS_RATE_USED.PROJECT_SPECIFIC,
-      projectSpecificLossRate: parseFloat(
-        toPercentageValue(
-          project?.input.parameters.projectSpecificLossRate || -0.35,
-        ),
-      ),
+      projectSpecificLossRate:
+        project?.input.parameters.projectSpecificLossRate || -0.35,
       projectSpecificEmission:
         project?.input.parameters.projectSpecificEmission ||
         PROJECT_SPECIFIC_EMISSION.ONE_EMISSION_FACTOR,
@@ -216,7 +211,7 @@ export const useDefaultFormValues = (id?: string): CreateCustomProjectForm => {
 };
 
 export const updateCustomProject = async (options: {
-  body: CreateCustomProjectForm;
+  body: CustomProjectForm;
   params: { id: string };
   extraHeaders:
     | {
@@ -241,7 +236,7 @@ export const updateCustomProject = async (options: {
 };
 
 export const createCustomProject = async (options: {
-  body: CreateCustomProjectForm;
+  body: CustomProjectForm;
 }): Promise<ApiResponse<CustomProject>> => {
   try {
     const { status, body } =