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

or

Date of first cash receipt

or

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

Queries

In the first instance any queries relating to the individual awards should be referred to the relevant Awards Administrator [1] in the Research Office.