Policy: BOT Capital Project Approval Policy

BOT Capital Project Approval Policy 
Date of Initial Board Apporval: February 11, 2010
Amended by the Board: October 14, 2016

To approve [1] capital improvement projects or changes to capital improvement projects which require the formal approval of the S.C. Joint Bond Review Committee at a public meeting.  The Board shall approve the project concept and the final project budget.  [2] Changes to a project that require S.C. Joint Bond Review Committee approval shall also be approved.  Approval of project changes described in item [2], above, shall be by the Chair of the Board of Trustees and the Chair of the Facilities and Finance Committee and shall not require approval of the full board.