1. Costing & Pricing Research Projects Dr Walter Lewis Director Research Support Unit October 2001

2. Research Project Income...

3. Sources of Income...

4. Contribution Rates... UK Govt Bodies, Health & Hospital Authorities

5. Contribution Rates... UK Govt Bodies, Health & Hospital Authorities

6. Contribution Rates... UK Industry, Commerce & Public Corps.

7. Contribution Rates... UK Industry, Commerce & Public Corps.

8. Contribution Rates... A Rise in Contribution Rate to Average for Peers will be equivalent to a ’gift’ of £3 Million

9. Benefits : project fee long term exploitation academic kudos publication rights use of results RAE related income access to equipment Costs : project resources existing resources infrastructure The Costing and Pricing Balance...

10. …. is to ensure continued financial viability …...whilst providing maximum scope for flexibility ……in relation to University and Resource Centre objectives for academic excellence University Research Costing and Pricing Policy...

11. flexibility should be available around cost recovery of individualprojects

12. University Research Costing and Pricing Policy... …... overall portfolio of a resource centre must recover immediate costs of carrying out research..….whilst also making a significant contribution to maintaining research infrastructure

13. How Much Contribution......in line with Resource Centre operating statements and plans …so the financial status of a resource centre’s overall research portfolio may severely limit flexibility

14. What If Price is Too Low... …..Reject or reduce the cost of research Reduce the scope of the work a level which brings costs in line with income

15. University Research Costing and Pricing Policy... Resource Centre Monitoring Committee is responsible for monitoring resource centre decisions Research Support Unit will provide regular reports

16. University Research Costing and Pricing Policy... Demands Improved Management Information Systems and Improved Negotiating Skills