For Research Council applications large items of equipment will only be funded at 50% of the total cost.
Match funding for equipment
Please check the individual Funder scheme for guidance on eligibility of equipment requests. Certain items (e.g. those over the OJEU threshold) will require a business case and others will require up to three quotes.
There is an expectation from the Research Councils that the University will provide 50% match funding for equipment requests (items costing £10,000 or more including VAT). The University has set aside an equipment fund (the ‘Lancaster University Equipment Fund’ – LUEF) for match funding of Research Council equipment applications. This has now been widened to include other funding sources where match funding is required, e.g. charities. The LUEF is held by the Pro-Vice Chancellor for Research, Professor Steve Decent, and managed by Professor Andy Binley in LEC.
For Principal Investigators (PIs) in the Faculty of Science and Technology (FST), please contact Professor Andy Binley as soon as you aware of a need for match funding of equipment. PIs in other Faculties should speak to their Research Development Officer in the first instance. Requests from any Faculty greater than £100k must also be approved by Professor Steve Decent.
Your request for match funding should include VAT and Import Duty (where applicable). Please also ensure appropriate carriage is included with any quote. Once your match funding request has been approved, please send confirmation to your RDO who will arrange a signed institutional letter that can be attached to the grant application.
Other match funding
The University expects all Directly Incurred costs of research to be covered on a per project basis. Where direct costs for a project are not covered in full (either by 100% from the Funder or by offsetting with Directly Allocated income), the Principal Investigator should explore the possibility of match funding with their department in the first instance.