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Real Estate Authority.pdf

Delegation-of-Authority-Matrix-updated-January-2020.pdf
Preview of Real Estate Authority
🔗 Source: maine.edu
📊 Size: 427 KB
👤 Author: Gavin, Chip
⬇️ Downloads: 107

Summary

Construction, renovation, and equipment projects under $500,000 are managed by Management Authority, while those over $500,000 require BOT Authority. Real property acquisitions under $50,000 are managed by Management Authority, while those over $50,000 require BOT approval. Leases under $100,000 and 5 years are managed by Management Authority, while those over $100,000 or 5 years require BOT Policy 801 or 802 approval. Disposal of real property by demolition or sale requires BOT approval if project costs exceed $500,000 or property value exceeds $50,000. Increases in facility space require Trustees' action if dedicated to research activities.

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Description

Construction, renovation, and equipment projects under $500,000 are managed by Management Authority, while those over $500,000 require BOT Authority.

Technical Information

  • File Format: PDF
  • File Size: 427 KB
  • Pages: 1
  • Language: EN
  • Author: Gavin, Chip
  • Total Downloads: 107
  • Last Updated: 1 week ago

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This PDF document about Real Estate Authority provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Real Estate Authority.

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