Why will Research Councils/AHRB pay only a proportion of full economic costs?
The Government has asked RCs/AHRB to maintain the current volume of research they support. With the additional funding to be provided, RCs/AHRB will be able to pay only a proportion of FEC, with the balance of support from Funding Councils or other sources. In the 2004 10 year Framework the Government signalled an intention to move towards payment of 100% FEC by RCs/AHRB, by the end of the decade.