Quick payback projects
Associated Project(s):
At some point in the past, perhaps FY 09, Terry Ruprecht and the Provost’s office worked out an agreement to provide a funding source for “quick payback projects.” This meant that the payback was expected to be quick, typically in the 1-3 year range. This was a onetime funding source. A variety of projects (10-15) have been brought forward and funded at a value of approximately 1 million dollars.