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Title:  Capital Investment Fund 2: Capital allocations for learning and teaching 2012-13
To:  Heads of HEFCE-funded higher education institutions
Of interest to those responsible for:  Finance, Estates
Reference:  Circular letter 05/2012
Publication date:  17 February 2012
Enquiries to:  Donna Iafrati, tel 0117 931 7357, e-mail d.iafrati@hefce.ac.uk

Dear Vice-Chancellor or Principal

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

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


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Annex A

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