NMU's Compliance Database - Northern Michigan University
SOM - JCOS Use and Finance Report
| Reviewed By | Internal Auditor Owner |
| URL: | https://nmu.edu/finance/transparency_reporting |
| Regulation Reference Cite | PA 431 of 1984; section 238(1) |
| Report Due Date (Actual) | Biannually on December 31 |
| Level | Compliance Report |
| Oversight Unit | ENGINEERING & PLANNING |
| Person Responsible | Kathy Richards |
| Secondary Person Responsible | Matt Franti |
| President / VP Level | Finance |
| Description |
Universities and community colleges shall report on all contracts entered into for new construciton of self-funded projects costing in excess of $1,000,000.00. New construction includes land or property acquisition, remodeling and additions, maintenance projects, roads, landscaping, equipment, telecommunications, utilities, and parking lots and structures. Reports shall be submitted at the JCOS, the fiscal agencies, and the state budget office on or before June 30 and December 31 of each year. Each report shall include, but not be limited to, the following information on all self-funded capital projects commenced for the immediately preceding 6-month period. |
| Contacts and Data Sources |
| Kathy Richards and Sherri Towers Report posted on NMU website on Transparency page. See link. https://www.nmu.edu/finance/transparency_reporting |
| Internal Notes |
| This compliance item has notes that are available internally to the oversight unit. Please contact the Risk Management Department for more information |