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Capital Investment Fund 2: Capital allocations for learning and teaching 2012-13

February 2012 | ref: Circular letter 05/2012

To:

Heads of HEFCE-funded higher education institutions

Of interest to those responsible for:

Finance, Estates

Dear Vice-Chancellor or Principal

1.   This letter sets out the confirmed allocations under the Teaching Capital Investment Fund (TCIF) for 2012-13.

2.   We announced indicative TCIF allocations for 2012-13 in March 2011 in 'Capital Investment Fund 2: Capital allocations for learning and teaching 2012-13; capital allocations for research 2011-12 to 2014-15' (HEFCE 2011/08).

3.   The HEFCE Board reviewed its indicative capital decisions for 2012-13 on 27 January, following receipt of the 2012-13 grant letter from the Department for Business, Innovation and Skills on 25 January. The HEFCE Board agreed to increase the TCIF funding for 2012-13 from £49 million to £52.5 million.

4.   The revised allocations are at Annex A and these funds will be paid automatically in equal instalments over 2012-13. The profile will be advised to your finance director separately.

Yours sincerely

Sir Alan Langlands
Chief Executive

Enquiries should be directed to:Donna Iafrati, tel 0117 931 7357, e-mail d.iafrati@hefce.ac.uk

Page last updated 31 January 2013

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