Major Capital Project definition

Major Capital Project means the acquisition of any interest in land, including improvements on the acquired land at the time of acquisition, new construction of 5,000 square feet or greater or costing $1 million or more, and improvements or renovations of $1 million or more. The term shall not include any capital lease.

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Major Capital Project means a Capital Project with an estimated total project cost of $300 million or more.

Major Capital Project means a large, technically complex work or project, e.g. resurfacing a parkway.

Examples of Major Capital Project in a sentence

The Board of Visitors shall review the design of all Major Capital Projects and shall provide final Major Capital Project authorization based on the size, scope and cost estimate provided with the design.
The Board of Visitors shall authorize the initiation of each Major Capital Project by approving its size, scope, budget, and funding.
Major Capital Projects may be submitted for Board of Visitors authorization at any time but must include a statement of urgency if not part of the approved Major Capital Project program.
The Lessee shall select a contractor with which to enter into a Major Capital Project Contract or an Eligible Security, Safety or Environmental Requirement Contract, as the case may be, through a competitive process and shall provide the Signatory Airlines with reasonably satisfactory documentation of such competitive process prior to entering into the Major Capital Project Contract or Eligible Security, Safety or Environmental Requirement Contract, as the case may be.
Each Major Capital Project Contract or Eligible Security, Safety or Environmental Requirement Contract shall permit the Airlines, by approval of an Airline MII (each Airline determining in its discretion whether to participate in such Airline MII), to cure any default by the Lessee thereunder.

More Definitions of Major Capital Project

Major Capital Project means a capital project with a value of more than 10% of the annual operating budget.

Major Capital Project means a capital project as defined in K.C.C. 4.04.020 that:

Major Capital Project means the acquisition of any interest in land, including improvements on the 1633 acquired land at the time of acquisition, new construction of 5,000 square feet or greater or costing $1 1634 million or more, and improvements or renovations of $1 million or more. The term shall not include any 1635 capital lease. 1636 "President" shall mean the president, superintendent, or chancellor of a public institution of higher 1637 education. 1638 "Public institution of higher education" or "Institution" means a two-year or four-year public 1639 institution of higher education, or the Virginia Community College System, entering into a memorandum 1640 of understanding with the appropriate Cabinet Secretary or Secretaries, as designated by the Governor. 1641 "Restructuring Act" means the Restructured Higher Education Financial and Administrative 1642 Operations Act, Chapter 4.10 (§ 23-38.88 et seq.) of Title 23 of the Code of Virginia. 1643 "Rules" means the "Rules Governing Procurement of Goods, Services, Insurance, and Construction" 1644 attached to this Policy as Attachment 1. 1645 "State Tax Supported Debt" means bonds, notes, or other obligations issued under Article X, Section 1646 9(a), 9(b), 9(c), or 9(d), if the debt service payments are made or ultimately are to be made from 1647 general government funds, as defined in the December 20, 2004 Report to the Governor and General 1648 Assembly of the Debt Capacity Advisory Committee or as that definition is amended from time to time. 1649 § 1. Capital program. The Institution shall adopt a system for developing one or more capital project 1650 programs that defines or define the capital needs of the Institution for a given period of time consistent 1651 with its published Master Plan. This process may or may not mirror the Commonwealth's requirements 1652 for capital plans. The Board of Visitors shall approve the program for Major Capital Projects. Major 1653 Capital Projects that are to be funded entirely or in part by a general fund appropriation or proceeds 1654 from State Tax Supported Debt shall follow the Commonwealth's requirements for capital plans. The 1655 Board may approve amendments to the program for Major Capital Projects annually or more often if 1656 circumstances warrant. Each capital project program shall meet the Institution's mission and 1657 institutional objectives, and shall be appropriately authorized by the Institution, be of a size and scope

Major Capital Project has the meaning given in clause 7.1(b)(i);

Major Capital Project means a Capital Project with a Capital Cost Estimate of $500 million and with at least $100 million in federal assistance under the FSP Program.

Major Capital Project means an undertaking or program for the

Major Capital Project. As defined in Section 10.1.