Capital Projects Approval Process
A capital project is one which provides for the construction, repair, or improvement of buildings (including fixed equipment within buildings) or grounds under jurisdiction of the Board of Regents. Capital projects with an estimated capital cost of $250,000 or more require approval by the Board Office or Board of Regents. Any capital planning, project or investment requests that are submitted to the Board Office must first be approved by the president. Capital projects that are highly visible, have external stakeholders, or impact more than a single administrative unit should follow the University approval process. Changes in land use, real estate purchases and/or leases should also follow the university and board processes.