Academic research costs
3 April 2012
Q: I have started a job where part of my remit is to negotiate for research projects with academic institutions. My initial analysis of existing contracts shows that the “overhead” charge can range from 40-200 per cent. I would value any advice on what i
A: Marc Day, head of research at CIPS, writes: Academic institutions often have different research functions and vary their rates to accommodate a range of requirements. When a company buys scientific research from a university, equipment and lab costs are often factored into the overall cost, along with staff. For non-scientific research, facility costs are...