Modernization & Improvements (M&I) funding is allocated annually and based on a priority ranking system. There is limited funding available. Each eligible project will begin with a project assessment to help determine the appropriate priority ranking. A project technologist will perform a site visit to help define the project scope, budget, and schedule. For projects requiring specialized skill sets, a consultant may be required to assist with the assessment.

Eight factors are considered to help determine the priority ranking for each project:

Life Safety Risk
External Influences
Portfolio Plan
Service Life Remaining
Service Plan Target
Business Case
Length of Prior Deferral
Aesthetics

Once a project has been assessed and it's priority ranking determined, it will be entered into the Provincial Priorization database. This database provides a consolidated listing of prioritized capital needs and is one of the critical factors used in the allocation process.

Go to Allocation Process

Provincial Capital Planning Process

M&I funding is part of the Provincial Capital Planning Process. This process was developed by BC Housing to ensure a consistent application of project development and management principles across the province. Check out the Capital Planning Process section for more information.