Are you planning an office, lab or classroom remodel, building addition, specialized equipment installation, building utilities change, landscape or exterior site work? Will the work require modifying the space size or layout, multiple contractors, public bidding, engineering, design or project management, change of space use, code review, permitting or other regulatory oversight? Michigan Tech's processes for project requests are outlined below:
Capital Projects (Over $50K)
To optimize the ability to predict and plan for future capital projects, the University is requiring the financial impacts of proposed projects be known prior to the development of the upcoming year’s budget. Capital Project Planning Forms must be submitted for review and prioritization by Friday, January 12, 2024 to be included in the FY25 budget (July 1, 2024 - June 30, 2025). Any project request submitted after that deadline will not be reviewed nor included in FY25 planning.
For project proposals you would like to be considered for FY25 and beyond, please complete and submit a Capital Project Planning Form, following these 3 simple steps:
- Complete page one of the online Capital Project Planning Form (see the evaluative criteria below)
- Secure the electronic signature of your Dean or Director
- Save the signed form, and then email it to us at facilities@mtu.edu
Evaluative Criteria | Evaluating Factors | Scoring Parameters | Max Points |
---|---|---|---|
Impact on MTU Core Mission | To what extent does the project enhance the core mission (academic, research, or programming) of MTU | low - high | 40 |
Sustainable investment in existing facilities and infrastructure | To what extent does the project support investment in or adaptive repurposing of existing facilities and infrastructure | low - high | 10 |
Life and Safety | Does the proposed project address facility or infrastructure deficiencies that pose a serious threat of injury or death | low - high | 20 |
Occupancy and utilization of existing facilities | To what extent has the requester demonstrated occupancy and effective utilization of existing facilities to merit capital investment | low - high | 10 |
Estimated amount of funding provided | To what extent is current funding sources available to cover the cost of the project |
20=100% funding in hand 15=less than 100% 10=less than 75% 5=less than 50% 0=less than 25% |
20 |
Estimated operating costs | To what extent has the requester identified operating costs and existing resources to support them | low - high | 10 |
Direct Student impact | To what extent will the project directly impact students positively | low - high | 10 |
Project Bundling | To what extent is the proposed project able to be bundled with other similar or adjacent projects to create synergy and lower costs | low - high | 10 |
Return on Investment (ROI) | To what extent does a return on investment apply to this proposed project including energy savings |
20=less than 2 yr ROI 15=Less than 5 yr ROI 10=Less than 10 yr ROI 5=no ROI 0=increase in annual costs |
20 |
Alignment with Campus Master Planning for the University | To what extent does this project have a direct impact on the University strategic plan and Campus Master Plan priorities | low - high | 20 |