Chapter 30 - High Risk IT Solicitations and Contracts

30.1.2 Major IT Projects - definition of “High-risk” and approval by CIO

2.2-2006 of the Code of Virginia defines a “major IT project” as any Commonwealth information technology project that has a total estimated cost of more than $1 million or that has been designated a major information technology project by the CIO.

High-risk solicitations and contracts are also considered major IT projects, and therefore, must be approved by the CIO prior to the issuance of the high-risk solicitation or award of the high-risk contract. In order for VITA SCM to recommend approval to CIO, an agency seeking to conduct a high-risk procurement must fully meet all requirements laid out in § 2.2-4303.01.