|(a) Board approval of a project at an institution of higher education is not required if the institution notifies the Board of the project and certifies to the Board that: (1) the institution meets the current published Board standards applicable to the institution for space need, usage efficiency, deferred maintenance, and critical deferred maintenance or the board has approved the institution's plan to correct any deficiencies in the institution's compliance with those applicable standards; (2) the project meets current published Board standards applicable to the project for cost, efficiency, and space use; (3) the project is identified on the institution's campus master plan, as submitted to the Board; and (4) the institution has no deficiencies according to the Board's most recent facilities audit or the Board has approved the institution's plan to correct any such deficiencies. (b) The Assistant Commissioner for Planning and Accountability shall notify the institution in writing whether the certification is sufficient and whether the information certified is consistent with the records of the Board. (c) If the Assistant Commissioner for Planning and Accountability determines the certification is sufficient and that the information certified is consistent with the records of the Board, the project is considered approved by the Board. (d) This section does not apply to a project that is a new branch campus, a new off-campus educational unit, or a new higher education center. (e) The certification submitted under this section shall be promptly reviewed. An audit, pursuant to this chapter, may be conducted to ensure the sufficiency of any such certification.