Capital outlay manual

Capital outlay projects which include an information technology (IT) component must also comply with the IT reporting requirements contained in Sections – and Sections – of the State Administrative Manual.  · The Director of the Bureau of Capital Outlay Management, acting under the authority of the Director of the Division of Engineering and Buildings, Department of General Services, is responsible for the authoring, compiling, editing, publishing, maintaining and administration of the Manual. The. CAPITAL OUTLAY DESIGN MANUAL. FOR. STATE UNIVERSITIES, COMMUNITY COLLEGES, STATE AGENCIES. AND. PROFESSIONAL SERVICE CONTRACTORS “Capital Outlay” means a project or facility financed either in whole or in part with state funds, including lease purchase agreements.

central capital outlay planning pool, the general fund, or the agency's nongeneral fund resources. If an agency uses its nongeneral funds for preplanning or detailed planning, it will be reimbursed from general fund-related sources when the project is authorized to proceed to the construction. Bureau of Capital Outlay Management Revision 1 October 1, CONSTRUCTION PROFESSIONAL SERVICES MANUAL - PREFACE The Commonwealth of Virginia Construction and Professional Services Manual - (called the Manual, or CPSM) is published under the authority of §, Code of Virginia, as. Apply for Capital Outlay through the Governor's Office. The Property Control Act defines a "capital outlay project" as the acquisition, improvement, alteration or reconstruction of assets of a long-term character that are intended to continue to be held or used, including land, buildings, machinery, furniture and equipment.

Higher Education Capital Outlay Manual (HECOM) Current edition HECOM — Updated 11/3/ — FPC to CCR including new position titles, BCOM to DEB, Ednam to One Morton, removed references to cost benchmark directives, removed outdated footnotes, Appendix A now references UVA Building Official website, added back Competitive Negotiation construction procurement procedure. The Director of the Bureau of Capital Outlay Management, acting under the authority of the Director of the Division of Engineering and Buildings, Department of General Services, is responsible for the authoring, compiling, editing, publishing, maintaining and administration of the Manual. The. The general rule is that the acquisition/creation/renovation of real property is classified as capital outlay when the state holds or has the equivalent of fee ownership. If the state does not hold title to the real property but has a long-term interest in the property, such as a long-term lease, the betterment or improvement of this property may be classified as capital outlay, as determined by Finance.