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Update to UKRI Terms and Conditions: No Cost Extension requests
20 March 2023
In response to increased volumes of No Cost Extension requests, UK Research and Innovation (UKRI) recently announced a change to its no cost extension process.
From 1 April 2023, UKRI will implement a new process for grants receiving a No Cost Extension (NCE).
The new process specifies that NCE requests should be made via the Grant Maintenance facility and URKI notified as soon as the need is identified, at least three months before the grant end date to allow time for the request to be actioned.
URKI has also indicated that some remaining grant payments may be reprofiled due to the change. Where the NCE request results in a revised end date that falls into a new Financial Year the reprofiling process will be triggered if:
- If the grant cash limit is below £200k, no reprofile will be completed
- If the grant cash limit is between £200k-£3million the final held payment will move to the new final quarter and all remaining funding will be spread equally across all remaining payment quarters
- If the grant cash limit is above £3million the Research Organisation (UCL) will be asked to submit an Interim Expenditure Statement (IES) that details all actual expenditure incurred to date. A reprofile will be based on the information provided.
URKI’s updated Grant Terms and Conditions will be published on 5 April 2023.
