Capital Projects

Capital Projects

Capital projects generally fall into one of three broad categories:

  • New construction (whole building, building additions, and infrastructure)
  • Renovation or renewal of existing facilities and infrastructure
  • Demolition of existing buildings and infrastructure

Any capital project with a total value greater than $500,000 must be included in the University’s annual capital improvement budget and approved by the Board of Regents per University Policy.

Read on to learn more about the University’s program for making capital investments and managing its capital resources. Also, see the administrative policy Funding and Approvals of Capital Projects for additional information.

Please contact Anika regarding capital planning and projects within CLA.

Capital Process Leadership

Capital Strategy Group (CSG)

Provides overall leadership and strategy development for institutional capital issues, including:

    • Establishing strategic capital goals for the institution
    • Integrating academic planning with physical and financial planning
    • Prioritizing competing requests for capital funding
    • Reviewing the financial parameters of the overall capital plan
    • Developing a six-year capital plan recommendation to the President
    • Establishing capital and space allocation policies
Membership includes:
    • Executive Vice President for Academic Affairs and Provost
    • Vice President, Health Sciences and Medical School Dean
    • Vice President, Research
    • Vice President, University Services
    • Vice President and Chief Financial Officer
    • Special Assistant to the President, Government and Community Relations (ex officio)
Other system and campus executives are included and consulted as the need arises.

Capital Oversight Group (COG)

Responsible for managing the systematic internal review of major University projects and external projects with an impact on the University.
Charged with coordinating routine activities associated with the University's capital planning, capital budget approvals, financing, communications, and construction activities.
Membership includes:
    • Executive Vice President for Academic Affairs and Provost
    • Vice President, University Services
    • Vice President and Chief Financial Officer
    • and appropriate staff

Capital Planning & Project Management (CPPM)

Part of University Services, has system-wide responsible for planning, designing and constructing all capital assets.

Manages all capital projects, regardless of funding source, and ensures compliance with University policy, and local, state and federal laws, guidelines and regulations.

Capital Program Components

Six-Year Capital Plan

Part I of the University’s two-part capital program, which:
    • Establishes the University’s capital requests to be submitted to the State for consideration
    • Sets priorities and direction for continued capital project and academic planning efforts
    • Identifies the impact of additional University debt
    • Assigns responsibility for capital fundraising
    • Forecasts additional building operational costs.
The plan is updated on an annual basis, and approved by the Board of Regents.

Capital projects identified on the Six-Year Capital Plan are approved to proceed with preliminary project planning but not authorized to proceed beyond schematic design.

The 2016 Six-Year Capital Plan for FY2017 – FY2022 has not yet been published, but you may learn more about the areas of focus established for this year’s plan in the following overview:

Overview of the 2016 Six-Year Capital Plan for FY2017 – FY2022 (04/20/2016)

Annual Capital Improvement Budget

Part II of the University’s two-part capital program, which authorizes individual projects to complete design and move into construction.

The Annual Capital Improvement Budget is approved by the Board of Regents each year in June.

The Board reserves to itself authority to approve annual capital budgets consisting of projects with a value greater than $500,000.

Fundraising Requirements

To focus the University’s fundraising efforts on the University’s highest priority capital projects, fundraising for capital projects is only allowed when:
  1. the project has been approved and included in the six-year capital plan; and
  2. a pre-design has been developed by CPPM and approved by the Capital Oversight Group.

Anika Carlsted with Goldy Gopher

Anika R Carlsted

Assistant Director for
Facilities & Capital Planning