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Log No. CAPITAL EXPENDITURE REQUEST Presidents approval is requested for authorization to (check one): 1a / FORWARD PROJECT FOR FACILITIES COMMITTEE AGENDA: (Capital project over $300,000; architects/engineers
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How to fill out capital expenditure request

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How to fill out a capital expenditure request:

01
Begin by gathering all necessary information about the proposed expenditure, including the project description, estimated cost, and expected benefits.
02
Identify the appropriate form or template for submitting the request. This can usually be obtained from the finance or accounting department of your organization.
03
Start by providing your contact information, such as your name, department, and position within the company.
04
Clearly state the purpose and objective of the capital expenditure. Explain why it is necessary and how it aligns with the company's strategic goals.
05
Provide a detailed breakdown of the estimated costs involved. This may include equipment purchases, renovation expenses, or any other expenditures required for the project.
06
Outline the expected benefits and return on investment (ROI) that the capital expenditure will generate. This could be in the form of increased productivity, cost savings, revenue growth, or improved efficiency.
07
Include any supporting documents or data that can strengthen your case for the expenditure. This may include market research, feasibility studies, or cost-benefit analyses.
08
Clearly explain the proposed timeline for the project, including any important milestones or deadlines.
09
Specify the funding source for the capital expenditure. This could be from the company's general budget, a specific departmental budget, or external financing options.
10
Finally, obtain the necessary approvals from relevant stakeholders, such as department managers, finance executives, or senior leadership.

Who needs a capital expenditure request:

01
Department heads or managers who require additional resources or equipment to improve productivity or address operational needs.
02
Finance or accounting departments responsible for budgeting and financial planning within the organization.
03
Senior leadership or executives who make strategic decisions about resource allocation and investment in the company.
In summary, anyone within an organization who requires resources or funding for a specific project that will have long-term benefits or significant financial impact may need to fill out a capital expenditure request.
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