Payment
The amount of money that can be awarded is dependent on your application and what is requested. You can ask for further guidance by contacting fergusonbequest@glasgow.ac.uk
Whoever is applying for the funding (the Budget Holder) should contact their local Purchasing Officer to make them aware that they are applying for funding. The Purchasing Officer will have access to the funding on behalf of successful applicants (the Budget Holder), for the duration of the funding period.
If you do not have access to a Purchasing Officer, the Ferguson Bequest may make purchases on your behalf.
- Successful applicants will receive award of funds on 1st August of the year they apply for funding and have until 31st July in the year following the successful application.
- All purchases must be made and received by 31st July of that year.
- Overspend is not permitted and successful applicants are expected to manage their budget accordingly.
- Any underspend of awarded funds must be returned to the Ferguson Bequest.
- All funding applications should be made in line with all relevant University policies. For the avoidance of doubt, applicants requesting funds for the purchase of goods or services should consult the University Procurement Policies & Guidelines.
- Applicants must consider any ethical and reputational issues associated with the disbursement of awarded funds and ensure minimal risk exposure to the University.
- Applications must not cause an unacceptable conflict of interest.
We would strongly recommend you use existing University-approved suppliers where possible, as adding new suppliers can be a lengthy process. Please ask your Purchasing Officer for more details or see the Finance New Supplier Process web page.