N.J. Admin. Code § 9A:12-1.2
The following words and terms, when used in this chapter, shall have the following meanings unless the context clearly indicates otherwise.
"Act" means the Higher Education Capital Improvement Fund Act, 18A:72A-72 through 80.
"Amending Act" means P.L. 2012, c. 42, the law that amends and supplements the Act.
"Authority" means the New Jersey Educational Facilities Authority or any board, body, commission, department, or officer succeeding to the principal functions thereof or to whom the powers conferred upon the Authority shall be given by law.
"Bond" means a bond or note of the Authority issued pursuant to the authority granted by the Act.
"Capital improvement fund" means the Higher Education Capital Improvement Fund as created by the Act.
"Capital improvement project" or "project" means a project approved by the Secretary for a grant under the Act.
"Construction ready" means the extent to which the planning and design work have been completed and construction is able to begin, and the degree to which a project shall be completed expeditiously once begun. An evaluation of whether a project is construction ready shall include the status of the design work, project site readiness, zoning and permitting approvals, as well as the anticipated timeframe during which the project will be completed, and the pacing of related construction.
"Cost-effectiveness" means the degree to which a project produces a positive economic analysis when considering the construction, operating, and maintenance expenses, compared to the project's resultant facilities and/or equipment, the life span of the facilities and/or equipment, facility usage and capacity, user productivity, and, where appropriate, such attributes as aesthetics, historic preservation, security, and safety.
"Deferred maintenance" means scheduled or unscheduled maintenance to facilities that was not performed.
"Grant" means a grant of moneys from the capital improvement fund approved by the Secretary for a capital improvement project.
"Grant agreement" means the grant agreement between the institution and the Authority, which sets forth the terms and conditions of the grant, amount of the grant, and disbursement schedule.
"Institution" means a public or private four-year institution of higher education that is eligible to receive State aid.
"Renewal and renovation" means making the changes necessary to address deferred maintenance needs; to meet all State and Federal health, safety, fire, and building code standards; or to provide a safe and appropriate educational or working environment.
"Secretary" means the Secretary of Higher Education.
"Student support facilities" means student residence halls, student dining facilities, student activity centers, and student health centers.
"Technology infrastructure" means video, voice, and data telecommunications equipment and networking with a life expectancy of at least 10 years, including future developments in multimedia equipment and networking. Only computer software that is part of the operating or data base management systems is considered part of technology infrastructure for the purpose of the Act; application software, for purposes such as word processing, spreadsheets, desktop publishing, and email, does not qualify as technology infrastructure.
N.J. Admin. Code § 9A:12-1.2