The Internal Funding Team will notify you via email when you are awarded internal funding. The email will set out the available budget, project dates, and any terms and conditions around spend.
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It is your responsibility as PI (Principal Investigator) to:
- Business travelSpend the funding in line with University Financial Regulations. This includes:
- Buying goods, services and equipment
- Stay within the budget you have been assigned
- Spend only within the project dates and make sure all spend is recorded before the project end date
- Check your workorder regularly to ensure that transactions are correctly recorded, liaising with finance support as needed
- Claim expenses within good time (within 3 months of the expenditure or before the project end date)
- Get approval from the Internal Funding Team for any project changes using the change request form.
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As PI, you are expected to liaise arrange with the Department about these issuesto cover these costs, if it occurs.
Spending the Funding:
Make sure your spend is within the funding rules and you are undertaking the work that was set out in your application.
Spend reports are sent out monthly by email – you should check these to make sure they are as expected.
Final Reporting:
The Internal Funding Team sometimes require final reports about the outcomes and impact from internally funded projects. It’s really important to provide good quality reports because these are used report back to external funders and justify receiving further funding from funders (e.g. Impact Acceleration Accounts).