                                 CODE OF VIRGINIA

CAPITAL PROJECTS (§ 23.1-2413)

A. All capital projects of the Authority shall be approved by the board. Within
30 days after approval of any capital project in excess of $5 million, the board
shall notify the House Appropriations and Senate Finance Committees of the
scope, cost, and construction schedule of the proposed capital project. The
board may undertake the project unless either Committee raises objections within
30 days of the notification, in which case the Authority shall not undertake the
project until such objections are resolved.

B. Before the Authority materially increases the size or materially changes the
scope of any capital project for which construction has commenced, such project
shall be approved again by the board in accordance with subsection A and, in the
case of any capital project in excess of $5 million, presented again to the
House Appropriations and Senate Finance Committees in accordance with subsection
A.

C. Notwithstanding any provision of law to the contrary, the Authority is not
subject to any further process or procedure that requires the submission,
review, or approval of any capital project; however, the Authority shall ensure
that Building Officials and Code Administrators (BOCA) Code or any successor
code and fire safety inspections are conducted for any capital project and that
such projects are inspected by the State Fire Marshal or his designee prior to
certification for building occupancy.

HISTORY: 1996, cc. 905, 1046, § 23-50.16:18; 2016, c. 588; 2017, c. 314.