What if a project already underway has changed in scope and/or cost and is now a project that should technically follow the Capital Project Guidelines?
There are a number of variables that affect the final cost of a project, such as a change in the price of specific construction materials, labor related issues, or a mid-construction change in plans. Regardless of the reason for the change in project cost, it is important that the unit; Architecture, Engineering and Construction (AEC); and the Office of the Provost discuss any matters that may affect the final cost as soon as that matter arises. If the reason for the change cost is related to a change in the scope of the project, these parties would need to discuss the change well before any new plans are made. For more information on project costs and how they affect the approval and review process, refer to the section “When to Follow These Guidelines” of the Capital Project Guidelines.
Related Questions
- What are the necessary procedures to follow for universities to receive funds for fixed capital outlay project appropriations that were approved by the Legislature?
- What if a project already underway has changed in scope and/or cost and is now a project that should technically follow the Capital Project Guidelines?
- My unit has the financial capacity to cover the entire cost of the capital project. Do we need to follow the Capital Project Guidelines?
