Common use of Capital Program Clause in Contracts

Capital Program. The President, acting through the Executive Vice President and Chief Operating Officer, shall adopt a system for developing one or more capital project programs that defines or define the capital needs of the University for a given period of time consistent with the University’s published Master Plan. This process may or may not mirror the Commonwealth’s requirements for capital plans. The Board of Visitors shall approve the program for Major Capital Projects. Major Capital Projects that are to be funded entirely or in part by a general fund appropriation of the General Assembly or proceeds from State Tax Supported Debt shall follow the Commonwealth’s requirements for capital plans. The Board may approve amendments to the program for Major Capital Projects annually or more often if circumstances warrant. It shall be University policy that each capital project program shall meet the University’s mission and institutional objectives, and be appropriately authorized by the University. Moreover, it shall be University policy that each capital project shall be of a size and scope to provide for the defined program needs, designed in accordance with all applicable building codes and handicapped accessibility standards as well as the University’s design guidelines and standards, and costed to reflect current costs and escalated to the mid-point of anticipated construction.

Capital Program. The PresidentPresident of the University, acting through the Executive Senior Vice President for Administration and Chief Operating OfficerFinance or designee, shall adopt a system for developing one or more capital project programs that defines or define the capital needs of the University for a given period of time consistent with the University’s 's published Master Plan. This process may or may not mirror the Commonwealth’s 's requirements for capital plans. The Board board of Visitors visitors shall approve the program for Major Capital Projectsmajor capital projects. Major Capital Projects capital projects that are to be funded entirely or in part by a general fund appropriation of the General Assembly or proceeds from State Tax Supported Debt state tax-supported debt shall follow the Commonwealth’s 's requirements for capital plans. The Board board may approve amendments to the program for Major Capital Projects major capital projects annually or more often if circumstances warrant. It shall be University policy that each capital project program shall meet the University’s 's mission and institutional objectives, objectives and be appropriately authorized by the University. Moreover, it shall be University policy that each capital project shall be of a size and scope to provide for the defined program needs, designed in accordance with all applicable building codes and handicapped accessibility standards as well as the University’s 's design guidelines and standards, and costed to reflect current costs and escalated to the mid-point of anticipated construction.

Capital Program. The PresidentPresident of the University, acting through the Executive Senior Vice President of Administration and Chief Operating OfficerFinance or his designee, shall adopt a system for developing one or more capital project programs that defines or define the capital needs of the University for a given period of time consistent with the University’s 's published Master Plan. This process may or may not mirror the Commonwealth’s 's requirements for capital plans. The Board board of Visitors visitors shall approve the program for Major Capital Projectsmajor capital projects. Major Capital Projects capital projects that are to be funded entirely or in part by a general fund appropriation of the General Assembly or proceeds from State Tax Supported Debt state tax-supported debt shall follow the Commonwealth’s 's requirements for capital plans. The Board board may approve amendments to the program for Major Capital Projects major capital projects annually or more often if circumstances warrant. It shall be University policy that each capital project program shall meet the University’s 's mission and institutional objectives, objectives and be appropriately authorized by the University. Moreover, it shall be University policy that each capital project shall be of a size and scope to provide for the defined program needs, designed in accordance with all applicable building codes and handicapped accessibility standards as well as the University’s 's design guidelines and standards, and costed to reflect current costs and escalated to the mid-point of anticipated construction.

Capital Program. The President, acting through the Executive Senior Vice President for Finance and Chief Operating OfficerAdministration or other designee, shall adopt a system for developing one or more capital project programs that defines or define the capital needs of the University for a given period of time consistent with the University’s 's published Master Plan. This process may or may not mirror the Commonwealth’s 's requirements for capital plans. The Board of Visitors shall approve the program for Major Capital Projects. Major Capital Projects that are to be funded entirely or in part by a general fund appropriation of the General Assembly or proceeds from State Tax Supported Debt shall follow the Commonwealth’s 's requirements for capital plans. The Board may approve amendments to the program for Major Capital Projects annually or more often if circumstances warrant. It shall be University policy that each capital project program shall meet the University’s 's mission and institutional objectives, and be appropriately authorized by the University. Moreover, it shall be University policy that each capital project shall be of a size and scope to provide for the defined program needs, designed in accordance with all applicable building codes and handicapped accessibility standards as well as the University’s 's design guidelines and standards, and costed to reflect current costs and escalated to the mid-point of anticipated construction.