OR/17/033 Funding and expenditure
Baptie, B. 2017. Earthquake seismology 2016/2017 - BGS seismic monitoring and information service. British Geological Survey Internal Report, OR/17/033. |
In 2016–2017 the project received a total of £846K, including a contribution of £522k from NERC. Some of this was won from specific funding calls. This was matched by a total contribution of £324k from the customer group drawn from industry, regulatory bodies and central and local government. This is a slight increase on the previous year.
The projected income for 2017–2018 is slightly less than that received in 2016–2017, mainly as a result in the reduction of direct NERC funding. This reflects a reduction in NERC funding for BGS in general. The NERC contribution for 2017–2018 currently stands at £465k, but we hope to increase this through applications for additional funding through the year. The total expected customer group contribution currently stands at £308k. Currently, other potential sponsors are being explored.