Capital Planning

Coordinates the University’s Capital Improvement process by preparing facilities programs that justify and describe capital projects and initial project cost estimates.

Capital project funding requests are submitted to the University System of Maryland’s Board of Regents and the State of Maryland each year. For facilities supporting auxiliary operations such as parking, dining, residential life, student life, athletics, and recreation, the primary sources of capital project funding are USM auxiliary bonds, institutional funds, and private capital. These are requested through the five year System-Funded Construction Program (SFCP).

For facilities supporting academic buildings and academic support functions, the primary sources of capital project funding are state General Obligation (GO) Bonds, USM Academic Revenue Bonds (ARB), and donor or institutional funds. These are requested through the ten year State-Funded Capital Improvement Program (CIP).