Manage Claims
HEFCE (Higher Education Funding Council for England) Capital Investment Fund
As per the Capital for Learning and Teaching, Research and Infrastructure 2008-11 document, HEFCE funds will be paid to an agreed profile. No claims will be generated.
Other external funders
1. Generate ‘Claim’ to send to funder
The Capital Projects team generate claims to external funders, based on the funding agencies terms and conditions. Some funders require an Invoice in which case an Invoice will be raised on Oracle Financials as per the Accounts Receivable Process to generate an invoice number but a manual ‘claim’ Invoice will be sent.
Some funders require information to justify the claim, e.g. copies of expenditure Invoices. In such circumstances the information will be collated by the Capital Projects team, who will then send the claim and the justification information to the funder.
2. Send receipt letter to funder and copy to Development Office
On receipt of payment, the funder is acknowledged as per their requirements and where the Development Office has supported a funder, a copy of the receipt letter is sent to them for reference.