Finance Department

Mechanisms for Periodic Reviews

The services set out in the Service Statements will be provided within the core budget. Where additional workload is imposed which is considered to be outside the normal requirement, a negotiated charge will be imposed. Budget Controllers must therefore ensure that when additional projects or activities are taken on which require significant financial services, they must make provision for such charges. Examples of occasions when this will apply are:

  • A significant expansion of a department's activity generally.
  • A requirement for sustained practical assistance on a project.
  • Externally funded projects where the level of income and activity is significant.
  • Significant numbers of non standard reports or customised processing routines.
  • The establishment of a new (additional) unit or company.
  • Where the Department is asked to provide assistance on a project.
  • Externally funded projects where the level of income and activity is significant.
  • Significant numbers of non standard reports or customised processing routines.
  • The establishment of a new (additional) unit or company.
  • Where the Department is asked to provide assistance which would generally be expected to come from outside service suppliers e.g. consultancy such as company start-ups.

Such charges will usually be applied through the imposition of a tax on external income or internal transfer but may, in the case of externally funded projects, need to be negotiated directly with the sponsor.

Finance Department, The Registry, University of Kent, Canterbury, Kent, CT2 7NZ

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Last Updated: 31/07/2013