The Commissioner shall annually approve the following reports:
(1) Space Projection Model. A space planning model
to estimate the NASF of E&G space needed at institutions of higher
education.
(A) Periodic Review. The General Academic Institutions,
Technical Colleges, and State Colleges Formula Advisory Committee
and Health-Related Institutions Formula Advisory Committee established
under chapter 1, subchapter L of this title (relating to Formula Advisory
Committee-General Academic Institutions, Technical Colleges, and State
Colleges) and chapter 1, subchapter M, of this title (relating to
Formula Advisory Committee-Health-Related Institutions) may review
the model and recommend changes.
(B) Use. The Board may use the models developed under
this section to determine the need for space on campuses, as a component
of recommended funding formulas for public institutions of higher
education, and as standards for facilities development projects.
(2) Space Usage Efficiency (SUE). An annual report
on the intensity of use of E&G facilities at institutions of higher
education for classrooms and class laboratories. Classroom and class
lab utilization data are not calculated for health-related institutions.
(3) Construction Costs. A calculation of the mean and
one standard deviation above the mean for construction building costs
per square foot. The costs shall be based on similar projects reported
to the Coordinating Board, within the immediate prior seven years,
annually adjusted for inflation for the region of the state where
the project is located. As a minimum, the calculations shall be developed
for both new construction/addition and repair and renovation for all
facility types available and shall be published on the agency website.
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