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Board of Regents Capital Projects Review & Approval Process

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Presentation on theme: "Board of Regents Capital Projects Review & Approval Process"— Presentation transcript:

1 Board of Regents Capital Projects Review & Approval Process
Institutional Strategy & Project Prioritization One Capital Plan Identify projects Categorize projects Prioritize projects Develop overall funding strategies Board of Regents - Actions Stage 1 Board of Regents – Information Institutional objective Business case Estimated budget and financing strategy Benchmarks & metrics Estimated schedule Board of Regents – Actions Approve site selection Approve architect Approve contractor Approve pre-construction budget Stage 2 Approval Approve naming plan Approve financing plan Approve project budget Schematic design Project budget Financing plan Schedule Stage 3 Board of Regents – Reporting Project status Budget vs. forecast Schedule vs. forecast Business equity rates Stage 1 Approval Approve overall plan Approve capital budget request


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