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Chapter 11.
Finance and Document Execution Authority
Effective Date: 09/01/2010
11.10 Cost Overruns/Special Maintenance Projects

The Treasurer has discretionary authority to approve overruns on Board authorized special maintenance projects up to 10% of any single project cost up to a maximum project overrun of $50,000 and subject to the availability of funds for the project overrun in question.

History
10/16/70
01/28/82
03/23/90 changed amount from $10,000 to $25,000
09/18/92 changed responsibility
09/24/2000 Changed Chief Financial Officer's title to Vice President for Finance and Administration
03/14/2003 Changed Treasurer/Vice President for Finance and Administration to Treasurer
07/15/2010 Was previously Policy 13.12. Renumbered and increased overrun limit from $25,000 to $50,000.
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