As a committee of the Board of Trustees of the University of Pittsburgh, the Property and Facilities Committee provides general oversight, guidance, and review of all matters relating to real estate owned and/or leased by the University of Pittsburgh or other entities under its control (collectively, the “University”), including, but not limited to, the following:
- Campus Master Plan;
- Long-term Facilities Capital Plan;
- Capital projects, including all new and/or renovation construction projects;
- Acquisitions or dispositions (in whole or in part) of real property;
- Leasing of real property;
- Condition and preservation of the existing physical plant; and
- Adequacy of maintenance and operations of the existing physical plant.
The Committee has been delegated authority and responsibility by the Board of Trustees to review and approve: (i) any and all acquisitions or dispositions, in whole or in part, of real property (“Real Property Transactions”); (ii) all lease arrangements (“Leases”); and (iii) all new and/or renovation construction projects (“Projects”). The Committee may, from time to time, further delegate its authority and responsibility to designated University officers for approval of certain individual Real Property Transactions, Leases, and Projects, which delegation and the reporting of such actions to the Committee shall be set forth in a resolution formally adopted by the Committee.
Notwithstanding the foregoing, all actions, whether approved by the Committee or designated University officers, shall be consistent with and subject to available funding as provided for under the University’s Capital and/or Operating Budget, as may be applicable.
The Committee shall provide a summary report of all of its activities to the Budget Committee and to the Board of Trustees.
Liaison to the Committee
David N. DeJong (Senior Vice Chancellor for Business and Operations)
Peter C. Varischetti