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 ...

WILTON -- A proposal that outlines the way the town handles its most expensive projects is on its way to the board of selectmen. They will review the proposal Monday, and can accept it in whole, in ...

When Essex Crossing—the 26-story mixed-use megaproject in the Lower East Side—was in its nascent stages a few years ago, there were plans to include a public school. Residents of the neighborhood ...

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.

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 ...

Owners must manage capital projects well to keep costs under control and ensure a high-quality product is delivered on time. Good communication, sound procedures and processes, and high-tech tools can ...

Capital budgeting is a highly useful financial assessment tool for companies, and it comes with multiple uses. Capital budgeting is a critically important financial management tool in a company’s ...

Learn how incremental cost of capital impacts a business's financial decisions. Understand its role in balancing debt and equity for optimal financial health.