Common use of AUTHORIZATION OF CAPITAL PROJECTS Clause in Contracts

AUTHORIZATION OF CAPITAL PROJECTS. 448 The board of visitors shall authorize the initiation of each major capital project by approving its 449 size, scope, budget, and funding. The President of the University, acting through the Senior Vice 450 President of Administration and Finance or his designee, shall adopt procedures for approving the size, 451 scope, budget, and funding of all other capital projects. Major capital projects that are to be funded 452 entirely or in part by a general fund appropriation of the General Assembly or proceeds from state 453 tax-supported debt shall require both board of visitors approval and those pre-appropriation approvals 454 of the State's governmental agencies then applicable, and shall follow the State's process for capital 455 budget requests. 456 It shall be the policy of the University that the implementation of capital projects shall be carried 457 out so that the capital project as completed is the capital project approved by the board for major 458 capital projects and according to the procedures adopted by the President of the University, acting 459 through the Senior Vice President of Administration or his designee, for all other capital projects. The 460 President of the University, acting through the Senior Vice President of Administration and Finance or 461 his designee, shall ensure strict adherence to this requirement. 462 Accordingly, the budget, size, and scope of a capital project shall not be materially changed beyond 463 the plans and justifications that were the basis for the capital project's approval, either before or during 464 construction, unless approved in advance as described in this section above. Minor changes shall be 465 permissible if they are determined by the President of the University, acting through the Senior Vice 466 President of Administration and Finance or his designee, to be justified. 467 Major capital projects may be submitted for board of visitors authorization at any time but must 468 include a statement of urgency if not part of the approved major capital project program.

Appears in 2 contracts

Samples: lis.virginia.gov, lis.virginia.gov

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AUTHORIZATION OF CAPITAL PROJECTS. 448 The board of visitors shall authorize the initiation of each major capital project by approving its 449 size, scope, budget, and funding. The President of the University, acting through the Senior Vice 450 President of Administration and Finance or his designee, shall adopt procedures for approving the size, 451 scope, budget, and funding of all other capital projects. Major capital projects that are to be funded 452 entirely or in part by a general fund appropriation of the General Assembly or proceeds from state 453 tax-supported debt shall require both board of visitors approval and those pre-appropriation approvals 454 of the State's governmental agencies then applicable, and shall follow the State's process for capital 455 budget requests. 456 It shall be the policy of the University that the implementation of capital projects shall be carried 457 out so that the capital project as completed is the capital project approved by the board for major 458 capital projects and according to the procedures adopted by the President of the University, acting 459 through the Senior Vice President of Administration or his designee, for all other capital projects. The 460 President of the University, acting through the Senior Vice President of Administration and Finance or 461 his designee, shall ensure strict adherence to this requirement. 462 Accordingly, the budget, size, and scope of a capital project shall not be materially changed beyond 463 the plans and justifications that were the basis for the capital project's approval, either before or during 464 construction, unless approved in advance as described in this section above. Minor changes shall be 465 permissible if they are determined by the President of the University, acting through the Senior Vice 466 President of Administration and Finance or his designee, to be justified. 467 Major capital projects may be submitted for board of visitors authorization at any time but must 468 include a statement of urgency if not part of the approved major capital project program.

Appears in 2 contracts

Samples: Management Agreement, Management Agreement

AUTHORIZATION OF CAPITAL PROJECTS. 448 The board of visitors shall authorize the initiation of each major capital project by approving its 449 size, scope, budget, and funding. The President of the University, acting through the Senior Vice 450 President of for Administration and Finance or his designee, shall adopt procedures for approving the size, 451 scope, budget, and funding of all other capital projects. Major capital projects that are to be funded 452 entirely or in part by a general fund appropriation of the General Assembly or proceeds from state 453 tax-supported debt shall require both the board of visitors visitors' approval and those pre-appropriation approvals 454 of the StateCommonwealth's governmental agencies then applicable, and shall follow the StateCommonwealth's process for capital 455 budget requests. 456 It shall be the policy of the University that the implementation of capital projects shall be carried 457 out so that the capital project as completed is the capital project approved by the board for major 458 capital projects and according to the procedures adopted by the President of the University, acting 459 through the Senior Vice President of for Administration or his designee, for all other capital projects. The 460 President of the University, acting through the Senior Vice President of for Administration and Finance or 461 his designee, shall ensure strict adherence to this requirement. 462 Accordingly, the budget, size, and scope of a capital project shall not be materially changed beyond 463 the plans and justifications that were the basis for the capital project's approval, either before or during 464 construction, unless approved in advance as described in this section above. Minor changes shall be 465 permissible if they are determined by the President of the University, acting through the Senior Vice 466 President of for Administration and Finance or his designee, to be justified. 467 Major capital projects may be submitted for the board of visitors visitors' authorization at any time but must 468 include a statement of urgency if not part of the approved major capital project program.

Appears in 2 contracts

Samples: Management Agreement, Management Agreement

AUTHORIZATION OF CAPITAL PROJECTS. 448 444 The board of visitors shall authorize the initiation of each major capital project by approving its 449 445 size, scope, budget, and funding. The President of the University, acting through the Senior Vice 450 446 President of for Administration and Finance or his designee, shall adopt procedures for approving the size, 451 447 scope, budget, and funding of all other capital projects. Major capital projects that are to be funded 452 448 entirely or in part by a general fund appropriation of the General Assembly or proceeds from state 453 449 tax-supported debt shall require both the board of visitors visitors' approval and those pre-appropriation 450 approvals 454 of the StateCommonwealth's governmental agencies then applicable, and shall follow the State451 Commonwealth's process for capital 455 budget requests. 456 452 It shall be the policy of the University that the implementation of capital projects shall be carried 457 453 out so that the capital project as completed is the capital project approved by the board for major 458 454 capital projects and according to the procedures adopted by the President of the University, acting 459 455 through the Senior Vice President of for Administration or his designee, for all other capital projects. The 460 456 President of the University, acting through the Senior Vice President of for Administration and Finance or 461 his 457 designee, shall ensure strict adherence to this requirement. 462 458 Accordingly, the budget, size, and scope of a capital project shall not be materially changed beyond 463 459 the plans and justifications that were the basis for the capital project's approval, either before or during 464 460 construction, unless approved in advance as described in this section above. Minor changes shall be 465 461 permissible if they are determined by the President of the University, acting through the Senior Vice 466 462 President of for Administration and Finance or his designee, to be justified. 467 463 Major capital projects may be submitted for the board of visitors visitors' authorization at any time but must 468 464 include a statement of urgency if not part of the approved major capital project program.

Appears in 1 contract

Samples: 2248 and Other University Employees

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AUTHORIZATION OF CAPITAL PROJECTS. 448 The board Board of visitors Visitors shall authorize the initiation of each major capital project Major Capital Project by approving its 449 size, scope, budget, and funding. The President of the UniversityPresident, acting through the Senior Vice 450 President of Administration and Finance or his designee, shall adopt procedures for approving the size, 451 scope, budget, budget and funding of all other capital projects. Major capital projects Capital Projects that are to be funded 452 entirely or in part by a general fund appropriation of the General Assembly or proceeds from state 453 tax-supported debt State Tax Supported Debt, shall require both board Board of visitors Visitors approval and those pre-appropriation approvals 454 of the State's ’s governmental agencies then applicable, and shall follow the State's ’s process for capital 455 budget requests. 456 It shall be the policy of the University College that the implementation of capital projects shall be carried 457 out so that the capital project as completed is the capital project approved by the board Board for major 458 capital projects Major Capital Projects and according to the procedures adopted by the President of the UniversityPresident, acting 459 through the Senior Vice President of Administration or his designee, for all other capital projects. The 460 President of the University, acting through the Senior Vice President of Administration and Finance or 461 his designee, shall ensure strict adherence to this requirement. 462 Accordingly, the budget, size, size and scope of a capital project shall not be materially changed beyond 463 the plans and justifications that were the basis for the capital project's approval, either before or during 464 construction, unless approved in advance as described in this section above. Minor changes shall be 465 permissible if they are determined by the President of the UniversityPresident, acting through the Senior Vice 466 President of Administration and Finance or his designee, to be justified. 467 Major capital projects Capital Projects may be submitted for board Board of visitors Visitors authorization at any time but must 468 include a statement of urgency if not part of the approved major capital project Major Capital Project program.

Appears in 1 contract

Samples: Management Agreement

AUTHORIZATION OF CAPITAL PROJECTS. 448 The board Board of visitors Visitors shall authorize the initiation of each major capital project Major Capital Project by approving its 449 size, scope, budget, and funding. The President of the UniversityPresident, acting through the Senior Vice 450 President of for Finance and Administration and Finance or his other designee, shall adopt procedures for approving the size, 451 scope, budget, budget and funding of all other capital projects. Major capital projects Capital Projects that are to be funded 452 entirely or in part by a general fund appropriation of the General Assembly or proceeds from state 453 tax-supported debt State Tax Supported Debt, shall require both board Board of visitors Visitors approval and those pre-appropriation approvals 454 of the State's governmental agencies then applicable, and shall follow the State's process for capital 455 budget requests. 456 It shall be the policy of the University that the implementation of capital projects shall be carried 457 out so that the capital project as completed is the capital project approved by the board Board for major 458 capital projects Major Capital Projects and according to the procedures adopted by the President of the UniversityPresident, acting 459 through the Senior Vice President of for Finance and Administration or his other designee, for all other capital projects. The 460 President of the UniversityPresident, acting through the Senior Vice President of for Finance and Administration and Finance or 461 his other designee, shall ensure strict adherence to this requirement. 462 Accordingly, the budget, size, size and scope of a capital project shall not be materially changed beyond 463 the plans and justifications that were the basis for the capital project's approval, either before or during 464 construction, unless approved in advance as described in this section above. Minor changes shall be 465 permissible if they are determined by the President of the UniversityPresident, acting through the Senior Vice 466 President of for Finance and Administration and Finance or his other designee, to be justified. 467 Major capital projects Capital Projects may be submitted for board Board of visitors Visitors authorization at any time but must 468 include a statement of urgency if not part of the approved major capital project Major Capital Project program.

Appears in 1 contract

Samples: Management Agreement

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