Definitions

Acquisition Project. Any Project for the acquisition of an Asset or Assets and which does not include the disposition of any Asset. Agency. Any executive office, department, agency, board or commission of the Commonwealth, including institutions under the Board of Higher Education, and not including independent authorities. Asset. Any property that is in the lawful possession of or otherwise held or to be procured by an Agency including, without limitation, both real and personal property in tangible or intangible form. Asset shall include, but shall not be limited to, land, buildings, structures, leases, easements, licenses, electronic and communication equipment, time sharing capacities, air, water, or mineral rights, utilities, vehicles, and professional and technical services and expertise. Board or Asset Management Board. The Asset Management Board established pursuant to St. 1990, c. 150, § 220, M.G.L. c. 7B. Chairman. The Secretary of Administration and Finance, or his or her designee. Commissioner. The Commissioner of the Division of Capital Asset Management and Maintenance (DCAMM) within the Executive Office of Administration and Finance. Contract. Any written agreement entered into to implement an Approved Project between an Agency and any private individual(s) or entities for the property disposition of any Asset or the procurement of any goods, services, or real property, including, without limitation a lease. Low Impact Electronic, Communications and Telecommunications Project. Any project that meets all of the following criteria: (a) must be primarily for the location of electronic, communications or telecommunications equipment; (b) must be on/in buildings or structures that already exist; and (c) the square footage of any improvements including any appurtenant cabinets or other similar improvements (but exclusive of wires or cables on poles or in underground conduits) does not exceed 500 square feet. Preliminary Project Proposal. A written submission by an Agency to the Board for preliminary approval of a Project in accordance with 810 CMR 2.04. A Preliminary Project Proposal shall not be required for Low Impact Electronic, Communications and Telecommunications Projects or Acquisition Projects. 2.01: continued Project or Asset Management Project. Any project to promote the sound management of an Asset or Assets that is proposed for the consideration of the Board by an Agency pursuant to the provisions of M.G.L. c. 7B, and 810 CMR 2.00; provided, however, that this term shall not include any project involving the sale or permanent disposition of any Asset. Prior to final approval by the Board hereunder, any such Project shall be referred to as a "Proposed Project". From and after such final approval by the Board, any such Project shall be referred to as an "Approved Project". Project Proposal. A written submission of an Agency to the Board for final approval of a Project in accordance with 810 CMR 2.06. Trust Fund. A repository established in conformance with 810 CMR 2.00 by the state treasurer at the request of an Agency for the purpose of receiving and disbursing revenues generated by one or more Projects of an Agency.