The Capital Projects Business Office (CPBO) manages the business functions for University Architects Office, Interior Design, Landscape Design, Construction Management and Engineering in all construction projects system wide. This includes: all aspects of procurement – design contracts, invitational and public bidding; financial transactions, analysis and reporting; construction management business support; and general administrative support.
The purchasing function of the Capital Projects Business Office is responsible for all aspects of procurement for Indiana University construction projects on all campuses. There are three main functional areas that are managed. They include Architectural and Engineering consultant contracts, Invitational Project bidding and Public Project bidding. While each area is responsible for specific project types - they all follow the same overall functional process to ensure adherence to the same processes and high standards set forth by the Capital Projects Business Office.
The finance function of the Capital Projects Business Office is responsible for all accounting transactions related to Indiana University construction projects. The finance area initiates the projects with the original creation of the project. This includes account payable, accounts receivable, project budgeting, sub-account routing, and travel. Our main task is to deliver the most effective and efficient support for capital projects. In addition, we strive to effectively communicate information important to a smooth operation.
We are responsible for the accuracy, quality and validity for the monthly analysis of each capital projects transaction and record in the project cost model for each project account. In the project cost models, we look at the project cost estimates, encumbrances and actual spend.
We are responsible for recording, validating and balancing of a variety of purchasing activity related to the payment for goods and services used in the operation of capital projects.
The Capital Projects Business Office supports our Construction Management Team by processing change orders, monitoring the entirety of the warranty process, creating monthly Construction Management Project Reports and emergency contact lists of our various contractors, collecting and distributing substantial completions and assisting our construction managers.