Schedules

Schedule 1 (The Financial Contribution(s))

The ways in which the Project may be funded by the parties are very varied and will need to be negotiated. This Schedule should set out complete details of the Financial Contribution to be paid by each party, e.g. whether the Financial Contribution is a fixed price or, where it is on a costs basis, the types of expenditure that will be reimbursed, the maximum amount (if any) that will be paid, any milestones to be met and any conditions attaching to payment.

The parties may agree that the Sponsor will cover increases in salary (or at least those in line with national pay awards), superannuation and NI contributions. In that case this Schedule should reflect this.

The starting point for the Research Collaboration Agreements is that the Sponsor will meet the full economic cost of the Project or where the Sponsor is to own IP the full economic cost plus a profit element. For information of full economic cost please refer to the FAQ's and Note for HEIs and Government Departments .

Schedule 2 (The Project/Project Plan)

This Schedule should contain a full description of the Project, clearly setting out what each party is to do (with a timetable if appropriate), and the human resources, facilities and equipment each party is to provide. The Research Collaboration Agreements contain a list of the matters that might be covered in this Schedule. It is not exhaustive and there may be additional issues that are important to the Project.

Schedule 3 (Research Collaboration Agreements 2 and 3)

Please refer to the note on clause 4.6.