2007 Session

Budget Amendments - SB750 (Committee Approved)

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Evaluation of Capital Project Costs (language only)

Item C-0 #3s

Item C-0 #3s

General Conditions
General Conditions

Page 527, following line 19, Insert:
"O. All capital project reviews, design and construction decisions, and scope changes shall be based on the project life cycle cost that provides the best long-term benefit to the Commonwealth."

(This amendment requires that capital budgeting decisions be made on the long-term total costs of the capital project and projected operating and maintenance costs.)