Authority: Title 2.2, Chapter 2, Article 9, Code of Virginia.

A. The Secretary of Technology shall prepare a report on the land and property owned or controlled by the Innovative Technology Authority or its nonstock corporation or foundation. The focus of the report shall be threefold: (1) assess the land and property in terms of dollar value and of current use and potential uses including economic development; (2) identify obstacles to these potential uses; and (3) determine if the mission of CIT can be fulfilled elsewhere in Northern Virginia. The report shall be submitted by November 6, 2002, to the Chairman of the Senate Finance Committee and to the Chairman of the House Appropriations Committee. To that end, the Innovative Technology Authority, the Department of Planning and Budget, and the Virginia Economic Development Partnership shall cooperate with the Secretary in developing the report.

B.1. The Secretaries of Technology, Finance, and Administration are directed to expedite initial review of any conceptual proposals for enterprise-wide business modernization efforts submitted under the Public-Private Education Facilities and Infrastructure Act of 2002. A report on the initial review of any conceptual proposal shall be made to the Chairmen of the House Appropriations and Senate Finance Committees within 15 days of any determination to reject any proposal or proceed to post notice of acceptance of an unsolicited conceptual proposal and invite competing proposals. If any proposal submitted prior to January 1, 2004, is found to be beneficial to the Commonwealth, the responsible Secretary shall issue an invitation for competing proposals by June 1, 2004. Such review shall be undertaken in accordance with the guidelines adopted by the Secretary of Administration effective December 2002.

2. The Secretaries of Technology, Finance, and Administration shall identify and evaluate opportunities to expand public-private partnerships and present a joint report on the findings of such evaluation to the Chairmen of the House Appropriations and Senate Finance Committees by November 15, 2004.