2.2 Capital ExpenditureCapital expenditure at MLC has two arms, capital works and capital replacements. The School Council produces a priority list of capital works. The priority items are then put out to public tender to determine an estimate of the cost of each item. These costs are incorporated into the capital expenditure budget and reported monthly in the capital expenditure project list. Decisions are made based on the acquisition price of the project. There is no periodic reporting on costs associated with capital works once the work has been done.
đang được dịch, vui lòng đợi..