Construction and renovation activities include the acquisition, renewal and replacement of long lived assets for institutional purposes and are recorded in the Plant funds 80000 (Construction Campus) or 80500 (Construction Hospital).  Building assets are created at the completion of a construction or renovation project when the costs meet or exceed $50,000.

If a project's total budget meets or exceeds $1 million, it requires Regental approval before the project can be bid for contract and must be managed by the office of Architecture, Engineering & Construction (AEC).  Generally departments have the discretion to manage their own building projects providing the total costs are below the Regental threshold.

The Provost's Office has developed Capital Project Guidelines for General Fund units on the Ann Arbor campus to use when considering a project.  The Capital Project Guidelines provide detailed information on the process of preparing and submitting a capital project request to the Office of the Provost.