Study of Capital Needs

Study of Capital Needs. All state agencies, departments and institutions shall file a capital improvements projects request with such information and in such form and in such detail as the DFA may deem necessary and advisable for inclusion in an annual report by the DFA to the Legislative Budget Office, the House Public Property Committee and the Senate Property Committee prior to September 1st of each year. The report prepared by the DFA shall describe the proposed capital improvements projects requested and include prioritized recommendations for the upcoming five-year period, consistent with the primary goal of preserving existing capital assets where possible and replacing existing capital assets where necessary.