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Cpt Sbp Sponsor What are the icons in the table header for? View the 'How do I...?' document. This table displays the total 'Should be' Price with a breakdown by project year. The PCPT automatically calculates the 'Should be' Price according to the rules of certain types of sponsor. For UK Research Councils and UK Charities, the 'Should be' Price will reflect the specific rules of those sponsors. For all other sponsors, including NHS Trusts, Government departments other than the Department of Health, and industry, the 'Should be' Price will equal the FEC. The PCPT cannot automatically produce the correct 'Should be' Bid Price for all sponsors, not least because of the sheer variety of sponsors with special rules. To accommodate this, you should use the 'Amend Bid Price' table to amend the 'Should be' Price. The 'Amend Bid Price' table allows you, for example, to amend the price to reflect the terms of a specific deal, or to provide for the inclusion of Professional Fees in the Bid Price. The 'Amend Bid Price' table may also be used to take account of a specific sponsor's rules not accounted for by the 'Should be' Price mechanism. For example, the 'Should be' Price for bids to the Department of Health will have to be amended to reflect the fact that, exceptionally for Government departments, this department will apply the 80% of FEC funding rules of the UK Research Councils. Also for EU projects, the £FTE Indirect Cost rates will not apply and the 'Amend Bid Price' table will have to be used to amend the Indirect Cost for EU projects to 20% of all Directly Incurred Costs excluding any sub-contractor costs. The 'Amend Bid Price' table should also be used to include Student Registration (tuition) fees in the Bid Price. The description column displays either the name of an individual or any comments associated with a cost item. Inflation is applied automatically at the sponsor rate. For information on inflation rates and how they are calculated, please contact the Research and Regional Development Division.
For help with Sussex Direct, please consult the BIS FAQ or contact the IT Service Desk. Page created by: Helen Moore (last modified 03/06/21 14.51.19)

Cpt Sbp Sponsor

What are the icons in the table header for?

This table displays the total 'Should be' Price with a breakdown by project year.

The PCPT automatically calculates the 'Should be' Price according to the rules of certain types of sponsor. For UK Research Councils and UK Charities, the 'Should be' Price will reflect the specific rules of those sponsors. For all other sponsors, including NHS Trusts, Government departments other than the Department of Health, and industry, the 'Should be' Price will equal the FEC.

The PCPT cannot automatically produce the correct 'Should be' Bid Price for all sponsors, not least because of the sheer variety of sponsors with special rules. To accommodate this, you should use the 'Amend Bid Price' table to amend the 'Should be' Price. The 'Amend Bid Price' table allows you, for example, to amend the price to reflect the terms of a specific deal, or to provide for the inclusion of Professional Fees in the Bid Price. The 'Amend Bid Price' table may also be used to take account of a specific sponsor's rules not accounted for by the 'Should be' Price mechanism. For example, the 'Should be' Price for bids to the Department of Health will have to be amended to reflect the fact that, exceptionally for Government departments, this department will apply the 80% of FEC funding rules of the UK Research Councils. Also for EU projects, the £FTE Indirect Cost rates will not apply and the 'Amend Bid Price' table will have to be used to amend the Indirect Cost for EU projects to 20% of all Directly Incurred Costs excluding any sub-contractor costs. The 'Amend Bid Price' table should also be used to include Student Registration (tuition) fees in the Bid Price.

The description column displays either the name of an individual or any comments associated with a cost item.

Inflation is applied automatically at the sponsor rate. For information on inflation rates and how they are calculated, please contact the Research and Regional Development Division.