Equipment Maintenance Charges
Equipment Maintenance Charges - are allowable as a Direct Cost on SFI awards. The following conditions apply:
- The Maintenance Charges must be supported by a maintenance contract with the supplier in relation to the specified item of equipment;
- The Maintenance Charges must relate to new equipment which is clearly identifiable and funded by SFI under a specific award;
- The Maintenance Charges will be funded over the term of the specific award only;
- Proposed Maintenance Charges should be categorized in grant submissions as part of Equipment costs in the Budget Summary and analyzed separately in the detailed Equipment section of the proposed budget;
- If approved, the Maintenance Charges will be analyzed under the Equipment category in the Letter of Offer;
The final decision on whether to fund or not fund Maintenance Charges will rest with the SFI Executive Committee or the SFI Board Sub-Group on Programme Grants as appropriate, in accordance with the normal SFI grant approval process.
