This report, the third annual report on the Restructuring and Collaboration Fund (R&CF) of the Higher Education Funding Council for England, summarizes the progress and projects being funded through the R&CF that had been approved before the end of December 2000. Section 1 is a summary table listing all projects and grant allocations approved to that point. Section 2 gives an overview of the main types of projects and the main developments during 2000. Section 3 contains individual progress reports on continuing projects with contact details for further information. Section 4 lists the projects completed before January 2000 and notes the projects previously described. Section 5 outlines criteria against which projects are assessed, along with the standard terms and conditions that are applied to all approved projects. (SLD)