1. A written proposal should be forwarded from the requesting unit to its respective Dean, Vice President or Director. If approved the request should be forwarded to the respective Senior Administrator of the University. The proposal should provide a rationale for the purchase, including a program plan and business plan for use of the property or facility. The proposal should also indicate the source and amount of available funding for a feasibility study. Please contact the Foundation for additional considerations for international properties.
2. The Senior Administrator should indicate his/her concurrence by written approval of the proposal. Approval at this step indicates only that research may continue to determine the feasibility of the proposal.
3. If the property is outside the United States, the proposal should be routed through the Office of Global Engagementfor approval and then forwarded to the Senior Vice President for Academic Affairs/Provost for approval.
4. The approved proposal should be forwarded to the Executive Director and the Chief Financial Officer of the Foundation. The Chief Financial Officer will forward the proposal to the Executive Committee of the Foundation for its approval and authorization to appropriate funds for a feasibility study and other due diligence costs that are not funded by the requesting unit.