As used in KRS 7A.010 to 7A.170: (1) "Capital project" means: (a) Any undertaking which is to be financed or funded through an appropriation by the General Assembly of general fund, road fund, bond fund, trust and agency fund, or federal fund moneys, where the expenditure is a capital expenditure pursuant to statute or u nder standards prescribed by the Legislative Research Commission under the authority of KRS Chapter 48; (b) Any undertaking which is to be financed by a capital expenditure for use by the state government or one of its departments or agencies, as defined i n KRS 12.010 or enumerated in KRS 12.020, including projects related to the construction or maintenance of roads, and including projects of institutions of higher education as defined in KRS 164A.550(2); (c) Any capital construction item, or any combinatio n of capital construction items necessary to make a building or utility installation complete, estimated to cost: 1. Except for items of movable equipment, one million dollars ($1,000,000) or more, regardless of the source of funds; or 2. Any item of movab le equipment, estimated to cost two hundred thousand dollars ($200,000) or more, regardless of the source of funds; (d) Any lease of real property whose value is two hundred thousand dollars ($200,000) or more; (e) Any lease of an item of movable equipment if the total cost of the lease, leasepurchase, or lease with an option to purchase is two hundred thousand dollars ($200,000) or more; or (f) Any new acquisition, upgrade, or replacement of an information technolo gy system estimated to cost one million dollars ($1,000,000) or more; (2) "Board" means the Capital Planning Advisory Board of the Kentucky General Assembly created by KRS 7A.110; (3) "Plan" means the state capital improvement plan provided for by KRS 7A.120; (4) "State agency" means any department, commission, council, board, bureau, committee, institution, legislative body, agency, government corporation, or other entity of the executive, judicial, or legislative branch of the state government; and (5) "Information technology system" means any related computer or telecommunications components that provide a functional system for a specific business purpose and contain one (1) or more of the following: (a) Hardware; (b) Software, including application softw are, systems management software, utility software, or communications software; (c) Professional services for requirements analysis, system integration, installation, implementation, or data conversion services; or (d) Digital data products, including acquisition and quality control.
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