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State of New Jersey Office of the Secretary of Higher Education Capital Facilities Programs Solicitation for Grant Applications For the following Programs: Building Our Future Bond Act Higher Education
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Higher education capital facilities refer to buildings, structures, equipment, and other assets used by educational institutions to support their academic programs and operations.
Higher education institutions are required to file reports on their capital facilities to provide transparency and accountability on how they manage their physical assets.
The reporting process for higher education capital facilities typically involves gathering data on construction, renovation, maintenance, and financing of facilities, and submitting this information through designated forms or online portals.
The purpose of reporting on higher education capital facilities is to track investments in infrastructure, plan for future needs, ensure compliance with regulations, and demonstrate prudent fiscal management.
The information typically reported on higher education capital facilities includes project costs, funding sources, project timelines, and the impact on academic programs and student services.
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