2014 Virginia Code
Title 33.1 - Highways, Bridges and Ferries
§ 33.1-23.5:3. (Repealed effective October 1, 2014) Financial plans for transportation construction projects


VA Code § 33.1-23.5:3 (2014) What's This?

For transportation construction projects valued in excess of $100 million, the Commissioner shall require that a financial plan be prepared and presented to the Commonwealth Transportation 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.

2013, cc. 585, 646.

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