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What is the timetable for implementing Full Economic Costing (fEC) at project level?

April 26, 2017costing Economic FEC implementing level project timetable

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What is the timetable for implementing Full Economic Costing (fEC) at project level?

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The latest date for the submission of pre-fEC proposals to Research Councils was 31 July 2005. From 1st September 2005, all research applications should be costed on a fEC basis. fEC should be fully embedded within institutions by 2008/2009. In the transitional period, while both pre-fEC and fEC costed projects are running, the Government is providing additional support to Universities. This will be distributed in proportion to current research volume.