1997 Session

Budget Amendments - SB700 (Conference Report)

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ODU Transponder Costs

Item 195 #6c

Item 195 #6c

First Year - FY1997 Second Year - FY1998
Education: Higher Education
Old Dominion University FY1997 $0 FY1998 $251,200 GF

Page 156, line 15, strike "$117,994,855" and insert "$118,246,055".
Page 156, line 43, 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. Old Dominion University is dependent on satellites for the operation of its distance learning programs. 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 Old Dominion University can meet any outstanding payments due to the Department of Information Technology.)