No. Approval for study or design does not necessarily mean that the project is approved for construction. A capital facilities project is only approved to proceed to construction once it has received ...

Many New Yorkers know the city has trouble completing construction projects on time and under budget. Projects like school renovations and the build-out of park facilities are capital projects, the ...

Mayor Eric Adams' administration wants the city to finish its capital projects much faster. The mayor's capital process reform task force, which he convened in April, on Wednesday morning released ...

Pre-construction phases of a capital project start with an idea, determine financial feasibility, go to the Board of Regents for approval to move forward, and end with final construction drawings.

The Columbia City Council held a public hearing on the 2026 fiscal year capital improvement projects, which will be voted on September 15. An audit recommended consolidating the city's capital project ...

Capital expense (CapEx) budgeting is frequently misunderstood and disregarded by many organizations. A capital expense, at its core, refers to a significant, long-term investment undertaken by a ...

Creating a new local library in New York City can take between seven and eight years. That’s longer than advocates say it should. Bureaucratic red tape takes up “months and months” of civic projects, ...

Explore key factors influencing capital investment decisions and learn how they shape project outcomes. Ideal for business ...

The capitalization threshold for furniture and furnishings is $5,000. However, when the unit cost of individual items do not meet this threshold and are purchased as part of a construction or major ...

Fresno’s new Capital Projects Department, which will be tasked with shepherding engineering and oversight of major city infrastructure and construction projects, doesn’t even officially exist yet. But ...

Capital allocation is a process typically owned by the CFO. From the CEO’s perspective, allocating capital is one of the most important strategic financial decisions they make that underpins the ...