Research Councils UK publishes findings of the quality assurance and validation of TRAC (QAV) exercise

RCUK Assurance have finalised a report summarising the results of the QAV exercise. The report outlines the assurance gained over the operation of the transparent approach to costing (TRAC) methodology at research organisations which enables the full economic cost of research to be established.

View the report here

Further information about the RCUK Assurance Programme can be found here.