The funds awarded will be paid to the Research Organisation by profiled payments. These are predefined payments over the lifetime of the research grant based on an expected pattern of expenditure.
STFC reserves the right to amend the payment profile at its discretion. The Research Organisation will be advised, in advance, of any such change. Changes to payment profiles may affect the overall value of the grant.
Payments will start once STFC has received a completed start confirmation. The Research Organisation will receive one payment transaction in respect of all research grant profiles due for payment in each quarter. Payments will be made by Bankers Automated Clearing Services (BACS).
Last updated: 16 March 2016
Science and Technology Facilities Council
Switchboard: +44 (0)1793 442000