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2009 Session

Budget Bill - HB1600 (Chapter 781)

Department of General Services

Item C-5.30

Item C-5.30

The Director, Department of General Services, in consultation with the State Comptroller, the Auditor of Public Accounts, and the Department of Planning and Budget shall review all submissions under the Public-Private Education Facilities and Infrastructure Act of 2002 (§ 56-575.1 et seq., Code of Virginia) pertaining to the Replacement / Renovation of the 8th / 9th Street Office Building Complex including alternative financing options.  The Director, Department of General Services shall report to the Chairmen of the House Appropriations and Senate Finance Committees by October 1, 2009 on: 1) the potential for proceeding with any of the PPEA proposals under an operating lease concept or how the PPEA proposals could be modified in order to proceed under an operating lease concept, and 2) the cost of such PPEA proposal relative to the Commonwealth's standard capital program.