Effective Date: February 2015
Latest Revision: September, 2015
This policy outlines the University’s procedures for reviewing and approving capital improvement projects. Such projects include new construction, renovations, infrastructure and information technology improvements that serve to enhance the physical assets of the University.
Reasons for the Policy
The purpose of this policy is to:
Provide for consistent documentation of capital project proposals, which defines the purpose, scope, budget, funding source, operating budget impact, schedule and other project details
Primary Guidance to Which This Policy Responds
There is not a primary policy to which this policy responds. It is consistent with best practices.
Responsible University Office and Officer
The Office of Management and Budget (OMB) is responsible for the
maintenance of this policy, and for responding to questions regarding this policy. The Budget Director of Capital Planning is the Responsible Officer.
This policy was first established in July 2007 and was revised in April 2014 and February 2015..
Who is Governed by This Policy
All University staff and officers who play a role in the approval and execution of capital projects.
Who Should Know This Policy
Senior Executive Officers, Deans, Vice Presidents, Senior Administrative Officers, Departmental Administrators
Exclusions and Special Situations
The University Trustees, President, Senior Executive Vice President, as a situation warrants and at their discretion, may override this policy.
To see a PDF of the full text of this policy, please use the link on the right.