skip to content

Research Operations Office


Published on Tue, 21/04/2015 - 12:23

From 1 January 2011, all EC Framework 7 applications should be budgeted at £2000 per audit.  This is because:

  • audit costs have remained the same for a number of years and inflationary pressures during this period means that the budgeted amount now needs to be increased.
  • as part of FP7, the Commission has specific procedures which are to be undertaken during an audit and this can take a number of days. As a result auditing firms are tending to move away from charging a flat fee for their services, and instead charging a daily rate. Therefore increasing the amount budgeted for an audit, means that should the need arise to appoint a new auditing firm in the future we will have the necessary flexibility.

Grants that are already activated will not be affected because the existing auditing rates will apply. If you have any questions please contact your School Team at the Research Office