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Introduction
The University’s Non-State-funded Capital Improvement Program is comprised of projects with budgets in excess of $35,000 that improve (rather than repair or replace) facilities. Accounting for such projects is typically done on the “plant” (not “current”) side of the ledger using an individual project ID established by Plant Accounting for each project.
Projects funded entirely from Non-State sources are governed by the policies and authority of The Regents of the University of California. In general, projects in the University’s capital improvement program are divided into major and minor capital improvements based on the level of funding. The Regents have established approval requirements for capital improvement projects according to budget, fund source, and other considerations.
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Guide to Capital Improvement Project Funding Limits
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Minor Capital Improvement Projects
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Major Capital Improvement Projects
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> $35,000
up to $400,000
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>$400,000
up to $5 million
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>$5 million
up to $10 million
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>$10 million
up to $20 million
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>$20 million
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S.O. 100.4(q) (see below)
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Assistant Vice Chancellor, Capital Budget and Planning
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Chancellor
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President of the University
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President, with concurrence from the Chairs of The Regents, the Cmte on Grounds and Buildings, and the Cmte on Finance.
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The Regents
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Standing Orders Of The Regents
Standing Orders source: more info at UCOP...
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100.4 Duties of the President of the University — Section Q
Section Q source: more info at UCOP...
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The President is authorized to approve amendments to the Capital Improvement Program for projects not to exceed $10 million. The President is also authorized to approve amendments to the Capital Improvement Program for projects exceeding $10 million up to and including $20 million, provided that concurrence is obtained from the Chairman of the Board, the Chairman of the Committee on Grounds and Buildings, and the Chairman of the Committee on Finance, and also provided that all actions taken in excess of $10 million up to and including $20 million under this authority be reported at the next following meeting of the Board. However, the following shall be approved by the Board:
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(1) projects with a total cost in excess of $20 million,
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(2) for projects in excess of $20 million, any modification in project cost over standard cost-rise augmentation in excess of 25%, or
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(3) capital improvement projects of any construction cost when, in the judgment of the President, a project merits review and approval by The Regents because of special circumstances related to budget matters, external financing, fundraising activities, project design, environmental impacts, community concerns, or substantial program modifications.
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Date Printed: 10/15/08
FASDI —
URL: http://fasdi.berkeley.edu/resources/NonState.cfm
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