Capital justification

With myriad technologies available, it is likely you will find one or more possible solutions.

Please adhere to the following guidelines: Fill in the fiscal year date. If the funding is from a source other than Central Institute funds, please indicate the dollar amount in the Available Funding column and state the funding source s.

In the first column, you must indicate the FMS project number that you obtained from Facilities Management Services for their quote. If the project is for both FMS work and equipment please indicate the dollar amounts separately.

You may list more than one project per page.

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The form s should then be sent to the Budget Office to Budget rit. Prior to starting the lengthy and potentially expensive design process required for a detailed budget presentation, "preliminary concept approval" for requests of this nature must be obtained from the Provost and Senior Vice President of Finance and Administration.

Facilities Management Services will assist in obtaining this preliminary concept approval. Time Frame Requests are made as part of the Institute annual budgeting process. Requests for preliminary concept approval can be made at any time and will be "turned around" very quickly.

Once preliminary concept approval has been obtained, and dependent upon the complexity of the project and its place in the queue, a six-month lead time prior to the Institute's annual budgeting process may be required by Facilities Management Services to properly assist in the preparation of a budget request.

Obtaining Preliminary Concept Approval Facilities Management Services will provide assistance resulting in the following deliverables: A scope document i. The Requestor will be asked to submit the following qualitative and quantitative justification: Additional known costs other than the construction estimate e.

Courses to be taught, anticipated enrollment and financial benefit to the Institute Titles of individuals occupying offices and current location of same Obtaining Final Budget Approval Granting final budget approval shall mean that a not to exceed project maximum has been established.

Once bid, the project can be commenced only if the project maximum will not be exceeded; if the bids indicate that the project maximum will be exceeded, the requestor must seek approval for additional funding before the project can commence.County/City Capital Expenses Justification Form.

County/City: Contact Person: Date: Telephone Number: A. List all equipment and each item’s price. B. How is the equipment going to benefit the CMS program(s)?

Introduction

C. Describe what functions will be performed on the equipment and why the current process can no longer be used. Capital Justification Capital Purchase Justification Introduction According to the hospital’s five-year plan, an investment in capital equipment should boost the quality of services offered at the hospital - Capital Justification introduction.

Guidelines for Submitting Capital Requests OVERVIEW Capital Budgeting is an annual and/or long-term plan for the organization’s capital improvements. Determining the amount of capital expenditures and the overall capital budget.

capital purchase justification Write a justification for capital purchase (1,, words) to your vice president as to why the purchase would be a good investment for the hospital. Include a one-page executive summary for your proposal. DC - National Capital Region FL - Orlando Area FL - Tampa Area GA - Atlanta Area IL - Chicago Area IN - Indianapolis Area LA - New Orleans Area MA - Boston Area FY NSGP Investment Justification Legal Name of the Organization FY Urban Area FY .

Capital Purchase Justification Introduction The hospital has been planning to make investments on equipment to help boost delivery of services.

This report recommends investment on Magnetic Resonance Imaging (MRI) equipment.