A. As used in this article, unless the context requires a different meaning, “costs” means the reasonable and customary charges for goods and services incurred or to be incurred.
B. In order for the Commonwealth to take advantage of technological applications in providing services and solving problems of Virginia’s citizens, there is a need to invest in new and emerging technologies that will provide for greater efficiencies, better responsiveness, and improved cybersecurity. The purpose of this article is to create the Virginia Technology Infrastructure Fund (the Fund). The Fund shall make moneys available to state agencies and institutions of higher education for information technology projects and services.