The Review will consider:
how better to manage overseas programme costs;
the improved management of the exchange rate risk;
the current structure of the STFC grant portfolio;
planning the use of facilities managed by STFC but available to researchers across several Research Councils.
The Review, undertaken with the close involvement of STFC, will engage key stakeholders from the STFC scientific community, the other Research Councils and their scientific communities, the relevant learned societies and the Treasury. The Review will also examine arrangements overseas for the funding and operation of large scientific facilities and for the equivalent of STFC research grants.