CFI Workshop: Building a Budget & Purchasing Equipment

Description

Delivered On: November 23, 2022

The Research Services Office and Procurement Services work through the process of building an equipment budget for a Canada Foundation for Innovation (CFI) project, as well as processes and considerations for procuring funded equipment. The presentation provides advice on obtaining and using quotes; financial issues and considerations when building the budget spreadsheet (for example, in-kind contributions); and working with Procurement to make budgeted purchases, including the use of advance funding requests.

Test and grow your knowledge through a practical case study.
 

Learning Outcomes:

  1. Learn how to obtain quotes that are CFI-compliant
  2. Understand how to calculate "in-kind" contribution and understand (in)eligibility issues
  3. Understand how the budget affects procurement
Presenters:
  • Kevin Hamilton, Director, Institutional Initiatives, Research Services Office, VPRI
  • Nathan King, Senior Procurement Officer, Procurement Services