fEC and Sustainability of Research

Faculties receive credit in the Resource Allocation Model for 100% of the contribution recovered in the year under fEC, together with all overhead income from pre-fEC grants and contracts.

UCL is fully committed to using the additional funding resulting from fEC to ensure that it has a sustainable research base. In order to achieve this it has committed in 2006-07 funding of £7m to update the physical research infrastructure by providing additional funding for capital projects on top of SRIF funding. For future years UCL plans to increase spending on the premises infrastructure by increasing long-term maintenance expenditure by £7m per annum by 2010-11, and also to increase the repairs & maintenance expenditure by £1m. UCL also plans an increase in the infrastructure support services budget of £8m per annum by 2010-11, in areas such as computing and networks and the library. The total amounts involved significantly exceed the additional funding forecast to be received from the Research Councils as a result of the move to fEC and emphasises UCL's commitment to addressing the research infrastructure backlog and ensuring future sustainability of research capability.

 

This page last modified January 14, 2014 by Web Editor

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