Capital Construction Matrix for Fund 71 Criteria
This is a table of the most common determinants involved in requesting a Fund 71 speedtype.
| Description: All items must meet $75k cap threshold to be capitalized. | Extend useful life of building or system? | Increase productive capacity or functionality? | Expense | Notes | |
|---|---|---|---|---|---|
| 1 | Paint | N | N | Y | Cosmetic in nature |
| 2 | Carpet replacement | N | N | Y | Cosmetic in nature |
| 3 | Ceiling tile replacement | N | N | Y | Cosmetic in nature |
| 4 | Light fixture replacement | N | N | Y | Cosmetic in nature |
| 5 | Pollution remediation | N | N | Y | Accrue if $75k+ per project or building |
| 6 | Renovation or reconfiguration of space | N | Y | N | e.g. moving walls, reconfiguration of space, storage to classroom or offices |
| 7 | Electrical panel replacement | N | N | Y | Assumes no increase in capacity or functionality |
| 8 | Electrical panel upgrade | N | Y | N | Typically required w/ change in space's use |
| 9 | Technology improvements | N | Y | N | Campus WIFI/Ethernet project |
| 10 | Fume hood replacement | N | N | Y | Assumes no increase in capacity or functionality |
| 11 | Fume hood addition | N | Y | N | May be required for new lab space or to address indoor air quality issues |
| 12 | Window replacement | Y | N | ? | Necessary due to age or design deficiency; typically results in energy efficiency |
| 13 | Recommissioning | N | N | ? | Includes tunning of HVAC system and replacement of non-functioning parts |
| 14 | Motor repair | Y | N | ? | Prevents premature degradation |
| 15 | Pump replacement | N | N | Y | Assumes no increase in capacity or functionality |
| 16 | Boiler or chiller replacement or overhaul | Y | Y | ? | Core component of a system; typically provides improved functionality |
| 17 | Landscaping - basic sod or other repairs | N | N | Y | Represents restoration to original condition |
| 18 | Landscaping - new | N | Y | N | e.g. additions to existing land |
| 19 | Sidewalk replacement | Y | Y | ? | Considers all campus sidewalks as a single system |
| 20 | Sidewalk grinding | N | N | Y | Addresses safety issues associated w/ deterioration |
| 21 | Fixed seating replacement | N | Y | ? | See movable equipment cap policy for other types of seating |
| 22 | Asphalt sealing or patching | Y | N | ? | Prevents premature degradation |
| 23 | Athletic field replacement | ||||
| 24 | Parking lot replacement | ||||
| 25 | Infrastructure improvements | Y | Y | N | Upgrades to tunnels, utility lines, sprinkler systems |
| 26 | Roof improvement | N | Y | ? | Must upgrade current roof material otherwise expense |
| 27 | Fates and fencing improvements | Y | Y | N | Upgrade of materials or electronics |
| 28 | Structural changes | Y | Y | N | Reinforcement of floors or walls, installation of beams, rafters, joints |