III. Scope of Policy
The current pre-planning process and budget development process for capital
projects has not been altered by the enabling legislation. Consequently,
this policy statement will only apply to post-appropriation implementation
of capital projects which are funded
entirely or in part by a
state general fund, state supported debt, or non-general fund appropriation
made by the General Assembly. Specifically, this policy applies to items
identified as authorized capital projects for the University of Virginia or
the University of Virginia Medical Center in an Appropriation Act enacted by
the General Assembly and approved by the Governor. For non- Medical Center
projects at the University, this policy is applicable only during the
1996-1998 biennium unless extended or continued by a subsequent act of the
General Assembly. In accordance with the 2003 Appropriations Act new
construction projects costing less than $750,000 and non-general fund
renovation projects costing less than $1,000,000 are exempt from this
policy, except that the provisions of Section IX shall apply to any project
costing in excess of $100,000. The terms and structure of any financing of
any capital project shall remain subject to other provisions of law
including, but not limited to, § 2.2-2416 of the Code of Virginia.
