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Business Procedures Manual

Section 18 Introduction

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University System of Georgia (USG) institutions receive funding annually from either the Georgia State Finance and Investment Commission (GSFIC) or State Appropriations for capital facility repair and rehabilitation. These funds are called Major Repair and Rehabilitation Funds, more commonly referred to as MRR funds.

Certain other construction projects that are managed by USG institutions are funded by GSFIC and are accounted for in the same manner as MRR projects that are funded by GSFIC.

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