Revised: 07/12/2017


5700XX Capital Items

Note: If account code produces a 1099, is included in the MBE/EDGE calculation, is used for Instrastate Transfer Vouchers (ISTVs), or is exempt from the Written Contracts Policy, the corresponding column/row is populated. If column/row is blank, it does not apply.

 

Account Codes

Account Description

Extended Definition

No PO Required

1099

MBE/
EDGE
MBE/
EDGE

M = MBE

E = EDGE

M&E = Both

ISTV

Exempt from Written Contracts Policy

570050 Land Purchases Inc Title Fees Land purchases include title fees.

 

1099

E

 

Exempt

570051 Easements Easements

 

1099

E

 

Exempt

570052 Service Based Pre-Bid Expenses Pre-bid expense payment for services other than architect or design fees.  (e.g., advertising, title work, appraisals, relocation fees, closing costs, ) 1099 reportable (M7 Non-Employee Compensation)  Charge architect or design fees to 570059

 

1099

E

 

Exempt

570053 Pre-Bid Expenses - Not Service Based Pre-bid expenses that are not dependent on a service being provided (e.g., easements, land use during construction, wetland mitigation credits) 1099 reportable (M3 Other)

 

1099

E

 

Exempt

570054 Interest Payments Interest paid (e.g., late payment interest calculated, interest on property payments)

 

1099

E

 

Exempt

570055 Paymnt To Keep Property Vacant  

 

1099

E

 

Exempt

570056 Pre-Bid Taxes Pre-bid payments for taxes.

 

 

 

 

Exempt

570057 Pre-Bid Non Residtl Costs PRE-BID expenses paid for non-residential costs.  

 

 

 

 

Exempt

570058 Pre-Bid Expenses - Non-Reportable Pre-bid expenses that are non-reportable and not elsewhere classified.

 

 

E

 

Exempt

570059 Design and Architect Fees Design and Architect Fees.

 

1099

E

 

Exempt

570060 Site Preparation Payments made for site preparation for capital improvement projects (e.g., demolition and excavation).

 

1099

E

 

Exempt

570061 Construction - Bldgs, Other NEC Construction and repair cost for any capital project not elsewhere classified (e.g, buildings, recreational structures).

 

1099

E

 

Exempt

570062 Studies and Inspections STUDIES AND INSPECTIONS (e.g., project evaluation, consultant inspection, environmental studies, road congestion studies, bridge inspections).

 

1099

E

 

Exempt

570063 Project Management Project Management

 

1099

E

 

Exempt

570064 Building Equipment / Furnishings Equipment or Furnishings that are essential for the purpose and use of the building.

 

1099

E

 

Exempt

570065 Works of Art and Assoc Cost Works of Art & Associated cost

 

1099

E

 

Exempt

570066 Contractor's Travel - Capital Travel expenses paid with capital funds to contractors (e.g., transportation, meals, lodging), under any contracted service.  Travel expenses must comply with OBM Rule 126-1-02.

 

1099

E

 

Exempt

570067 Cap Related Legal Exp Payments made to attorneys for any legal services including court ordered attorney fees and services provided to the Ohio School Facilities Commission associated with claims or potential claims against the State of Ohio, the Ohio School Facilities Commission, or Ohio school districts arising from the construction, renovation, or maintenance of school facilities.

 

1099

E

 

Exempt