Va. Code § 33.2-368

Current with changes from the 2024 legislative session through ch. 845
Section 33.2-368 - Financial plans for transportation construction projects

For transportation construction projects valued in excess of $100 million, the Commissioner of Highways shall require that a financial plan be prepared and presented to the Board for its review. This plan shall include, but not be limited to, the following:

(i) a complete cost estimate for all major project elements,
(ii) an implementation plan with the project schedule and cost-to-complete information presented for each year,
(iii) identified revenues by funding source available each year to meet project costs,
(iv) a detailed cash-flow analysis for each year of the proposed project, and
(v) efforts to be made to ensure maximum involvement of private enterprise and private capital.

Va. Code § 33.2-368

2013, cc. 585, 646, § 33.1-23.5:3; 2014, c. 805.
Added by Acts 2014 c. 805, § 1, eff. 10/1/2014.