Capital Project Initiation
"Capital projects" are construction and renovation efforts with estimated total project costs of $100,000 or more, inclusive of professional services, construction, furniture, fixtures, equipment, contingency and OPM fees.
Renovations, maintenance and other projects with estimated total project costs of less than $100,000 are normally not capitalized. These projects are budgeted and charged directly to the school/center's operating budget.
Visit Duke University's Financial Services Capital Budgets Office for capital project procedures and guidelines.
Projects begin with contacting the Director of OPM, Paul Manning at (919) 660-4221 or the Assistant Director of Planning, Adem Gusa at (919) 660-1483. A Project Manager (PM) will be assigned and, with feedback from departments/user groups and University administrators, the project scope, schedule and budget are determined.
There are four categories that projects fall into:
|Tier #||Project Range|
|Tier 3||$10,000,000 or more|
|Tier 2||$2,500,000 to $9,999,999|
|Tier 1||$500,000 to $2,499,999|
|Tier 0B||$100,000 to $499,999|
|Tier 0A||$0 to $99,999|
All projects follow a common sequence of approvals depending on the magnitude of the project:
- Construction Project Request Form (CPRF)
- Capital Project Review Committee (CPRC)
- Capital Project Executive Committee (CPEC)
- Capital Review Committee (CRC) (for projects > $2.5 M)
- Resources Committee (RC) (for projects > $10 M or $2.5 M with debt)