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CITY OF HOPEWELL VIRGINIA PURCHASING DEPARTMENT INVITATION FOR BID (IF) Capital Improvement Project (CIP) Boston Street, Liberty Street, Granby Street Curb & Gutter/Storm Pipe/Storm Inlets/Street
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Capital Improvement Project (CIP) is a plan that outlines the proposed construction or renovation projects that a government agency or organization plans to undertake over a specific period.
Government agencies, organizations, or entities that plan to undertake construction or renovation projects are required to file a Capital Improvement Project (CIP) report.
To fill out a Capital Improvement Project (CIP) report, the entity must provide detailed information about the proposed construction or renovation projects, including budget estimates, timelines, and project justifications.
The purpose of a Capital Improvement Project (CIP) report is to help government agencies or organizations plan, budget, and prioritize their construction or renovation projects.
The information that must be reported on a Capital Improvement Project (CIP) report includes project descriptions, budget estimates, timelines, funding sources, and justifications for each project.
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