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NCAS Capital manages the distribution of internal funds and applications to external capital funding streams.
NCAS Capital manages the distribution of internal funds and applications to external capital funding streams.
To do this effectively we need your input and ideas.
To do this effectively we need your input and ideas.
What is Capital?
What is Capital?
The definition of capital used by the CAGs (Capital Allocation Group) when making decisions is that used by NERC.
NERC considers capital to be the creation or purchase of an asset that:
has a useful life exceeding one year
costs more than £25,000.
An asset can be anything from equipment to buildings, from IT software to supercomputers.
Capital can include labour and development costs associated with the creation of the asset. This may include costs for:
Transport
Delivery
Installation & commissioning
Consumables associated with the adaptation of the asset
Items that form a suite of equipment totalling more than £25,000, but which individually are less than £25,000, may be funded as capital. All components must be necessary for the task proposed.
A clear case must be made as to how any suite of equipment will collectively constitute a single asset.
What cannot be funded as capital are:
items under £25,000
items with a life expectancy of less than one year
staffing after the creation of the asset, such as resources related to the operation
insurance and servicing
user training after the asset’s creation
routine replacement and, or, repair of assets, such as:
building repairs
maintenance
scheduled replacement of standard equipment
costs related to rent or leasing
NCAS & AMOF Capital: Emergency Repair
NCAS & AMOF Capital: Emergency Repair
Who can apply?
Who can apply?
You must be NCAS staff and have an NCAS email address.
What is covered?
What is covered?
Any instrument that is currently involved in any NCAS Observations measurement campaign.
NCAS Science supported campaigns
AMOF supported campaigns
Repairs to an instrument must be within a time frame that will it allow it to contribute meaningfully to the measurement campaign.
This is for emergency repair and not routine maintenance.
Repairs estimates should be > £5k.
How to apply?
How to apply?
Applications can be submitted at any time and a decision will be made as quickly as possible.
Apply using the Emergency Repair application form available here.
How are decisions made?
How are decisions made?
Decisions made by Emergency Repair Capital Group.
Membership:
Director of Scientific Services & Facilities (Chair)
Director of Operations
Science Director
NCAS Finance & Contracts Manager
Recorded by Executive Support & Governance Officer (ESGO)
Meets ad hoc to make decisions in a timely way to support research.
Provides records of requests and decisions for the governance process.
Records will be provided annually to the September board.
NCAS & AMOF Capital: New Ventures
NCAS & AMOF Capital: New Ventures
Who can apply?
Who can apply?
You must be NCAS staff and have an NCAS email address.
This stream is open to all NCAS staff.
What is covered?
What is covered?
The NCAS & AMOF Capital: New Ventures call is aimed at improving NCAS observational & experimental infrastructure and its environmental impact through capital investment.
It will fund new instrumentation\service\facility.
It will fund the upgrade and replacement of existing provisions.
If a replacement, consideration of the disposal of the previous asset must be shown.
Capital items must meet the NERC definition of capital, cost > £25k
This access path cannot be used to request resources such as staff time, service, or maintenance.
How to apply?
How to apply?
Applications can be submitted at any time between 1st October — 31st July.
Occasions may occur when additional calls to this stream are made
Only requests submitted through the online application form will be considered
Apply using the NCAS & AMOF Capital: New Ventures application form, available here.
How are decisions made?
How are decisions made?
Decisions made by Capital Investment Group.
Membership:
Director of Scientific Services & Facilities (Chair)
Director of Operations
Director of Science
NCAS Finance & Contracts Manager
Recorded by Executive Support & Governance Officer (ESGO)
Meets 1st week of September, decisions ratified at September Management board meeting and letters sent out by end of September to applicants.
Provides records of requests and decisions for the governance process.
Reporting
Reporting
A short report will be required from all recipients.
Delivered to Capital Investment Group by 1st August so results & return on investment can be discussed ahead of following years awards
What is the process?
What is the process?
FAAM Capital: Emergency Repair
FAAM Capital: Emergency Repair
What is available?
What is available?
£500k available initially shared as 2 x £250k with FAAM Capital: New Ventures.
Who can apply?
Who can apply?
You must be NCAS staff and have an NCAS email address.
This stream is only open to NCAS staff associated with FAAM.
What is covered?
What is covered?
The FAAM Capital Round: Repair is aimed at repairing FAAM infrastructure.
It will fund the repair of existing instrumentations and\or infrastructure.
Capital items must meet the NERC definition of capital, cost > £5k
This access path cannot be used to request resources such as staff time, service or maintenance.
How to apply?
How to apply?
Applications can be submitted at any time between 1st October - 31st July.
Only requests submitted through the online application form will be considered
Apply using the FAAM Capital application form available here.
How are decisions made?
How are decisions made?
Decisions made by Capital Investment Group.
Membership:
Director of Scientific Services & Facilities (Chair)
Director of Operations
Head of FAAM
NCAS Finance & Contracts Manager
Recorded by Executive Support & Governance Officer (ESGO)
Meets 1st week of September, decisions ratified at September Management board meeting and letters sent out by end of September to applicants.
Provides records of requests and decisions for the governance process.
Reporting
Reporting
A short report will be required from all recipients.
Delivered to Capital Investment Group by 1st August so results & return on investment can be discussed ahead of following years awards
What is the process?
What is the process?
FAAM Capital: New Ventures
FAAM Capital: New Ventures
What is availabe?
What is availabe?
£500k available initially shared as 2 x £250k with FAAM Capital: Repair.
Who can apply?
Who can apply?
You must be NCAS staff and have an NCAS email address.
This stream is only open to NCAS staff associated with FAAM.
What is covered?
What is covered?
The FAAM Capital Round: New Ventures is aimed at improving FAAM observational infrastructure and its environmental impact through capital investment.
It will fund new scientific instrumentation.
It will fund the upgrade and replacement of the existing provision.
If a replacement, consideration of the disposal of the previous asset must be shown.
Capital items must meet the NERC definition of capital, cost > £10k
This access path cannot be used to request resources such as staff time, service or maintenance.
How to apply?
How to apply?
Applications can be submitted at any time between 1st October - 31st July.
Only requests submitted through the online application form will be considered
Apply using the FAAM Capital: New Ventures application form available here.
How are decisions made?
How are decisions made?
Decisions made by Capital Investment Group.
Membership:
Director of Scientific Services & Facilities (Chair)
Director of Operations
Head of FAAM
NCAS Finance & Contracts Manager
Recorded by Executive Support & Governance Officer (ESGO)
Meets 1st week of September, decisions ratified at September Management board meeting and letters sent out by end of September to applicants.
Provides records of requests and decisions for the governance process.
Reporting
Reporting
A short report will be required from all recipients.
Delivered to Capital Investment Group by 1st August so results & return on investment can be discussed ahead of following years awards
What is the process?
What is the process?
Big Ideas
Big Ideas
Who are we aiming this at?
Who are we aiming this at?
You must be NCAS staff and have an NCAS email address.
This is open to all NCAS staff.
Why are we doing this?
Why are we doing this?
NERC often make large sums of money available for investment at short notice.
The Big Ideas microsite puts NCAS in a position to respond to such calls with strategically planned ideas in place.
NCAS encourages staff to add ideas to the list so that they can be discussed by the NCAS Executive Team and hence be considered as part of the regular long term strategic planning process.
Factors the Executive Team will use in their decision-making process include:
Scientific impact
Environmental sustainability
Long term resource & running costs
Workforce impacts
Synergies with other NERC/UKRI/University facilities
Governance
If a replacement for existing infrastructure\instrumentation, consideration of the disposal of the previous asset must be shown
Definition of a Big Idea: a single capital or resource investment > £200k
How to get in touch with your ideas?
How to get in touch with your ideas?
You can send in your ideas at any time.
Please send in your ideas through NCAS Big Ideas form available here.
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