143C-8-1. Legislative intent; purpose. (a) Legislative Intent. – The General Assembly recognizes the need to establish a comprehensive process for capital improvement planning and budgeting that is fully integrated with State financial planning and debt management. (b) Capital Improvement Planning and Budgeting Process. – The capital improvement planning and budgeting process shall include the following […]
143C-8-10. Project Reserve Account. (a) Project Reserve Account. – There is established a Project Reserve Account. When a construction contract is entered for a capital improvement project for which the General Assembly has enacted an appropriation, the appropriation is encumbered for the project’s costs of real property acquisition, planning, design, site development, construction, contingencies, and […]
143C-8-11. Reversion of appropriation; lapse of project authorization; transfer of funds remaining after project completion. (a) Reversion of Appropriation. – A State agency shall begin the planning of or the construction of an authorized capital improvement project during the fiscal year in which the funds are appropriated. If it does not, the Director may credit […]
143C-8-12. Capital improvement projects from sources other than the General Fund. (a) University Projects. – Notwithstanding any other provision of this Chapter, the Board of Governors of The University of North Carolina may approve any of the following: (1) Expenditures to plan a capital improvement project of The University of North Carolina, the planning for […]
143C-8-13. Repairs and Renovations. (a) Use of Funds. – Except as otherwise provided for in this section, funds for repairs and renovations shall be available for expenditure only upon an act of appropriation by the General Assembly. Funds appropriated for repairs and renovations shall be used only for State facilities and related infrastructure that are […]
143C-8-14. Capital project reporting. (a) Definitions. – The following definitions apply in this section: (1) Capital project. – Any capital improvement, as that term is defined in G.S. 143C-1-1, that is (i) funded in whole or in part with State funds, including receipts, non-General Fund sources, or statutorily or constitutionally authorized indebtedness of any kind, […]
143C-8-3. Capital improvement needs criteria. (a) Criteria. – The Office of State Budget and Management shall develop a weighted list of factors that may be used to evaluate the need for capital improvement projects. The list shall include all of the following: (1) Preservation, adequacy and use of existing facilities. (2) Health and safety considerations. […]
143C-8-4. Agency capital improvement needs estimates. (a) Needs Estimate Required. – On or before September 1 of each even-numbered year, each State agency shall submit to the Office of State Budget and Management and to the Division of Fiscal Research a six-year capital improvement needs estimate. This estimate shall describe the agency’s anticipated capital needs […]
143C-8-5. Six-year capital improvements plan. (a) General. – The State capital improvement plan shall address the long-term capital improvement needs of all State government agencies and shall incorporate all capital projects, however financed, proposed to meet those needs, except that transportation infrastructure projects shall be excluded. On or before December 31 of each even-numbered year, […]
143C-8-6. Recommendations for capital improvements set forth in the Recommended State Budget. (a) Budget Director’s Recommendations. – The Director of the Budget shall recommend expenditures for repairs and renovations of existing facilities, and real property acquisition, new construction, or rehabilitation of existing facilities in the Recommended State Budget in accordance with G.S. 143C-3-5. (b) Repairs […]
143C-8-7. When a State agency may begin a capital improvement project. (a) No State agency may expend funds for the construction or renovation of any capital improvement project except as needed to comply with this Article or otherwise authorized by the General Assembly. Funds that become available by gifts, excess patient receipts above those budgeted […]
143C-8-7.1. Procedures for disbursement of capital funds. (a) Appropriations made by an act of the General Assembly for capital improvements are for constructing, repairing, or renovating State buildings, utilities, and other capital facilities; for acquiring sites for them where necessary; for acquiring buildings and land for State government purposes and other purposes as set forth […]
143C-8-8. When a State agency may increase the cost of a capital improvement project. Upon the request of the administration of a State agency, the Director of the Budget may, when in the Director’s opinion it is in the best interest of the State to do so, increase the cost of a capital improvement project. […]
143C-8-9. When a State agency may change the scope of a capital improvement project. A State agency may increase the scope of a capital improvement project only if the General Assembly authorizes the increase. A State agency may decrease the scope of a capital improvement project if the Director authorizes the decrease. To obtain the […]
