RÉSUMÉ DIGEST ACT 395 (SB 132) 2023 Regular Session Reese Existing law authorizes a university, higher education facility, or consortium to undertake any new construction, maintenance, or repair project not exceeding $5,000,000 solely funded from self-generated revenues, grants, donations, or local or federal funds without being included in the Capital Outlay Bill provided the project is approved by the appropriate governing board or management board; the Board of Regents; the division of administration, office of facility planning and control; and the Joint Legislative Committee on the Budget. New law increases the maximum threshold from $5,000,000 to $10,000,000 and otherwise retains existing law. New law adds authority for the division of administration to delegate the administration of projects through the office of facility planning and control to a state agency or higher education management board through the approval and execution of a cooperative endeavor agreement for the planning, design, bidding, contracting, construction, and management of projects. New law authorizes the office of facility planning and control to utilize the services of a contracted third-party management firm to assist with the administration and management of capital outlay projects and projects included in the Water Sector Program established pursuant to existing law. New law increases the maximum costs an agency may incur to undertake repairs, renovations, or construction of projects not included in the capital outlay budget from $150,000 to $250,000 and removes the cumulative per agency, per fiscal year limitation for expenditures upon repairs, renovations, or construction projects and the requirement that the expenditures for these repairs be first approved by the commissioner of administration and JLCB. Effective August 1, 2023. (Amends R.S. 39:128(B)(4)(a)(i) and (C); adds R.S. 39:121(8) and (9))