Common use of FINANCIAL RESOURCE RETENTION AND MANAGEMENT Clause in Contracts

FINANCIAL RESOURCE RETENTION AND MANAGEMENT. Pursuant to subsection C of § 23.1-206 of the Code of Virginia, the State Council of Higher Education for Virginia (SCHEV) annually shall assess and certify to the Governor and the General Assembly the degree to which each public institution of higher education of the Commonwealth has met the financial and administrative management and education-related performance benchmarks called for by that subsection and approved as part of the general appropriation act then in effect for the state goals and objectives set forth in subdivisions A l through 12 of § 23.1-

FINANCIAL RESOURCE RETENTION AND MANAGEMENT. Pursuant to subsection C of § 23.1-206 of the Code of Virginia, the State Council of Higher 2852 Education for Virginia (SCHEV) annually shall assess and certify to the Governor and the General 2853 Assembly the degree to which each public institution of higher education of the Commonwealth has met 2854 the financial and administrative management and education-related performance benchmarks called for 2855 by that subsection and approved as part of the general appropriation act then in effect for the state goals and objectives set forth in subdivisions A l through 12 of § 23.1-state