Authorizes the board of regents of the University of Washington to enter into any number of contracts with one or more persons, companies, or entities for the planning, design, renovation, erection, remodeling, demolition, or construction of university buildings and facilities, or improvements thereto, using a small works roster process for projects with an estimated cost of up to one million dollars, and a design-build process, design-bid-build process, or general contractor-construction manager process for projects with an estimated cost in excess of one million dollars.