Provision of facilities

(a) Master plan (1) In general The Board shall prepare a master plan on the short-term and long-term facilities needs of the University, which shall include evaluation of all facets of existing University programs, including support activities and programs and facilities. (2) Requirements The master plan prepared under paragraph (1) shall evaluate development and construction requirements (based on a growth plan approved by the Board), including items such as infrastructure and site analysis, development of a phased plan with architectural and engineering studies, cost projections, landscaping, and related studies which cover all facets of the programs and planned functions of the University. (b) Deadline for transmittal of initial master plan Not later than 2 years after the date of enactment of this Act, the Board shall submit to the appropriate committees of Congress the master plan prepared under subsection (a), which shall include a prioritization of needs, as determined by the Board. (c) Updated master plans Not later than 2 years after the date on which the Board submits the initial master plan under subsection (b), and not less frequently than once every 5 years thereafter, the Board shall prepare and submit to the appropriate committees of Congress an updated master plan in accordance with the requirements described in subsection (a).