1997 Session

Budget Amendments - SB700 (Conference Report)

View Budget Item
View Budget Item amendments

UVA Transponder Costs

Item 169 #5c

Item 169 #5c

First Year - FY1997 Second Year - FY1998
Education: Higher Education
University of Virginia FY1997 $0 FY1998 $325,000 GF

Page 140, line 36, strike "$265,618,994" and insert "$265,943,994".
Page 141, line 52, after "telecommunications services" strike "." and insert:
"including overhead charges, the full costs of which shall not exceed 11.75 percent of the total cost.  Effective July 1, 1997, administration of the digital satellite contract will be transferred to Old Dominion University and overhead charges will be eliminated."

(This amendment provides funds to cover recent cost increases in the satellite transponder industry, and to support technology needs at the University of Virginia. The language indicates that an overhead rate of not more than 11.75 percent will be charged for the second and third years of the telecommunications contract. Sufficient funds are provided so that the University of Virginia can meet any outstanding payments due to the Department of Information Technology.)