45.793 Quarterly status reports on incomplete capital projects to Capital Projects

153 words·~1 min read·/ky/45-793

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and Bond Oversight Committee. The Finance and Administration Cabinet and any institution that manages its own capital construction under KRS 164A.580 shall provide to the committee at its January, April, July, and October regular meetings a status report of any capital project, excluding items of equipment, not yet completed which received line item authorization by the Kentucky General Assembly or was authorized pursuant to KRS 45.760(7). The Capital Projects and Bond Oversight Committee shall prescribe data elements to be included in the quarterly status reports. For each capital project, the status report shall include but not be limited to the:

(1)Project title;

(2)County or counties in which the project is located;

(3)Current phase of the project;

(4)Estimated completion date of the project;

(5)Explanation of any delay or major change in the project, including deletion or

modification of project components; and

(6)Any other information that the committee requests.