University Capital Planning
A capital project is one which provides for the construction, repair, or improvement of buildings (including fixed equipment within buildings) or grounds under jurisdiction of the Board of Regents. Planning for capital projects occurs continuously with the goal of ensuring:
- institutional priorities are supported with sound planning
- sources of funding are identified and secured for both the capital and operating costs
- necessary approvals are secured
- project is completed on time and within budget
Capital projects with an estimated capital cost of $250,000 or more require approval by the Board Office or Board of Regents. Any capital planning, project or investment requests that are submitted to the Board Office must first be approved by the president.