No. Approval for study or design does not necessarily mean that the project is approved for construction. A capital facilities project is only approved to proceed to construction once it has received ...

Many New Yorkers know the city has trouble completing construction projects on time and under budget. Projects like school renovations and the build-out of park facilities are capital projects, the ...

Mayor Eric Adams' administration wants the city to finish its capital projects much faster. The mayor's capital process reform task force, which he convened in April, on Wednesday morning released ...

The City of Williamsport is removing about $755,000 from capital projects next year in an attempt to cut down on a projected deficit. As part of the budget work session process, Jamie Livermore, city ...

Pre-construction phases of a capital project start with an idea, determine financial feasibility, go to the Board of Regents for approval to move forward, and end with final construction drawings.

An $88.9-million increase to the municipality’s 2026-27 budget would increase Halifax property tax bills by 10.5 per cent.

Hospitals and health systems that put large capital projects on hold during the pandemic are revisiting them, and in some cases diving back into large brick-and-mortar investments as margins improve ...

Capital expense (CapEx) budgeting is frequently misunderstood and disregarded by many organizations. A capital expense, at its core, refers to a significant, long-term investment undertaken by a ...

The capitalization threshold for furniture and furnishings is $5,000. However, when the unit cost of individual items do not meet this threshold and are purchased as part of a construction or major ...