Researchers and members of Professional Services who are involved in preparing research or enterprise funding bids are asked to use a new spreadsheet template for calculating the Full Economic Costs (fEC) of their bids.
For most funding applications, we are required to provide detailed information about the resources needed and the cost of these resources. The new fEC template supports bidders to prepare their bids in the best way possible and this, in turn, shows that the project has been thought through and this gives credibility to the bid.
Those employees who are familiar with previous templates should have little problem adapting to the new one. However, guidance is available from Geoff Taylor on email@example.comÂ or on extension 53880.