伊人直播app

Pricing Policy Requirements

University as Charity

The 伊人直播app is an independent corporation with Charitable Status. As such, University Council is required to ensure the University conducts its activities in line with its charitable purposes as laid out in the University Charter and in compliance with charity law generally. This includes protecting and using University assets appropriately and operating sufficient financial controls.

Pricing of research and innovation activity

In dealing with an external organisation to deliver research or carry out other such funded activities on their behalf, it is a clear principle under charity law that the University must not use its funds or resources to subsidise activity or make up a funding shortfall unless satisfied it would be within its charitable purposes and in the interests of the University and its beneficiaries to do so.

This requires that the University both maintains an accurate understanding of the full cost of its activities and sets prices for work appropriately. 

The Full Economic Costing (FEC) methodology used by all universities in the UK meets the first of these requirements.  The Pricing Policy recommended annually by the University鈥檚 Costing & Pricing Group sets benchmark pricing rules to inform the second requirement.  The Pricing Policy allows for general exceptions (such as pricing for UKRI funded projects) where standard terms of funding clearly support the University in meeting its charitable purposes.

The University is occasionally asked to enter into funding agreements across all sponsor types (outside of pre-approved exceptions) where the negotiated price falls below the full recovery of costs.

In such cases, good governance requires that before entering such agreements there should be a senior level evaluation of the non-financial benefits arising from the work in terms of meeting our charitable purposes weighed against the level of income/ shortfall implied. 

In the current University planning and funding model, the external charity governance obligation to make and record such evaluation still remains.  Accordingly, so does the need for a cost-based pricing policy to be maintained and used to inform any decision to subsidise the price of research and innovation projects by using University resources. 

Clear delegated responsibility must therefore be established for undertaking such evaluation, and the individuals concerned properly and effectively briefed as to the responsibility they are undertaking on behalf of the University as a charitable body. Heads of School are currently responsible for the evaluation and final decision on pricing for research and innovation projects.

Please note, contract research and innovation projects funded by industry sponsors, conducted below cost, with the University effectively subsidising the cost of the work, does not easily align with our charitable purpose. Therefore, industry sponsored work should not be undertaken at less than 100% fEC (which should be a minimum position), or in the case of studentships, the costs noted as being required to be covered by all sponsors above, unless there are clear contractually agreed Additional Contribution benefits coming to the University (which may include in-kind contributions from the industry partner).

For further information and details on the 伊人直播app pricing policy, please review the detailed information on the . 

Please be advised that the  available on the SharePoint outlines the policy for pricing R&I funding project, studentships and consultancy and should be referred to prior to entering into any applications or contract negotiations. In addition, please refer the the PDF of the Pricing Policy document to see the full Annex 1 relating specifically to:

• additional contributions made by the collaborating organisation to the University
• collaborative activity contributions
• commercial success payments.