The new FX Management for Research Income Policy provides sterling budget certainty for those awards in scope. The budget is set on a key date in the award lifecycle. The key date is different for EC and non-EC awards.
Non-EC, € EURO, & $ Dollar Grants
The key date will be the earlier of:
Date contract was signed by the University
Date of first cash receipt
Date of authorisation to proceed form is received by the Research Office
EC Grants (€ EURO)
The key date will be:
Date Grant Preparation Form is received by the Research Office
In the first instance any queries relating to the individual awards should be referred to the relevant Awards Administrator in the Research Office.