November 2021

Can overheads be included in project costs?

2021-11-08T16:47:42+00:00November 8th, 2021||

An element of overheads may be included in project costs, however such an element must be realistic. Assessors will consider financial costs in terms of ‘value for money’ at the assessment stage. Projects showing costs that are considered unreasonable will be rejected on these grounds.

Should project costs include VAT?

2021-11-08T16:46:38+00:00November 8th, 2021||

VAT is the responsibility of the invoicing business, and it is required that applications will list total costs exclusive and inclusive of VAT. Should you consider you are VAT exempt then you may quote without VAT but you will not at a later date be able to increase invoice values [...]

As a university, should I use Full Economic Cost (FEC)?

2021-11-08T16:45:53+00:00November 8th, 2021||

Full Economic Cost calculations are not relevant in this context. SBRI is a competitive procurement mechanism and tenders will be submitted by a variety of organisations. Whatever calculation you use to arrive at your tender price your application will be assessed against bids from other organisations. You should calculate your [...]

How does an SBRI Competition work?

2021-11-08T16:40:28+00:00November 8th, 2021||

SBRI provides innovative solutions to challenges faced by the public sector, leading to better public services and improved efficiency and effectiveness. It supports economic growth and enables the development of innovative products and services through the public procurement of R&D.  It generates new business opportunities for companies, provides businesses with [...]

Go to Top