Calculating the cost of your research project
At least three weeks before the competition deadline you should contact the funding advisors for assistance with calculating the cost of the work in your proposal. In the first instance, please complete and send them a copy of the Project Costing Information form (internal staff and students only) to firstname.lastname@example.org
The team will work with you to ensure that everything has been costed appropriately and in accordance with University of Plymouth Full Economic Costing (fEC) rates and University finance governance, regulation and procedures, internal staff can visit the intranet finance pages for further information.
A Project Costing Form (PCF) will be generated that summarises all of the costs and specifies the proportion that will be funded externally and any shortfall that must be funded internally e.g. the research councils only pay 80 per cent of the fEC in most cases.
Projects with a value of greater than £2M (fEC) require additional sign off by the Office of the Vice Chancellor (OVC). The funding advisors will be able to inform you of the process for obtaining this. Please allow at least a week following all other approvals for the OVC sign off to be completed.