diff --git a/CMakeLists.txt b/CMakeLists.txt
index 4ebf37aec2..c3fa47af18 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -39,6 +39,8 @@ cmake_minimum_required(VERSION 3.19)
 
 project(aimet)
 
+include(GNUInstallDirs)
+
 include(cmake/PreparePyTorch.cmake)
 include(cmake/PrepareONNX.cmake)
 include(cmake/PrepareTensorFlow.cmake)
@@ -51,7 +53,7 @@ set(CMAKE_CXX_EXTENSIONS OFF CACHE BOOL "Boolean specifying whether compiler spe
 
 set(CMAKE_POSITION_INDEPENDENT_CODE ON)
 
-set(AIMET_INSTALL_DIR ${CMAKE_BINARY_DIR}/staging/universal)
+message(NOTICE "CMAKE_INSTALL_PREFIX = ${CMAKE_INSTALL_PREFIX} (for install target)")
 
 if(NOT DEFINED AIMET_PYTHONPATH)
     set(AIMET_PYTHONPATH "PYTHONPATH=${CMAKE_BINARY_DIR}/artifacts" CACHE STRING "python path")
@@ -107,6 +109,7 @@ if (ENABLE_TORCH AND ENABLE_TENSORFLOW)
 endif()
 
 # Find Python libraries
+set(Python3_FIND_VIRTUALENV "STANDARD")
 find_package(Python3 COMPONENTS Interpreter Development)
 message(STATUS "Found Python3: ${Python3_FOUND}, at ${Python3_LIBRARIES}")
 
@@ -243,9 +246,9 @@ endif()
 
 # Set the packaging path (if not already set)
 if(NOT DEFINED AIMET_PACKAGE_PATH)
-  set(AIMET_PACKAGE_PATH "\"${AIMET_INSTALL_DIR}\"")
-  message(STATUS "Set AIMET_PACKAGE_PATH = ${AIMET_PACKAGE_PATH}")
-endif(NOT DEFINED AIMET_PACKAGE_PATH)
+    set(AIMET_PACKAGE_PATH ${CMAKE_INSTALL_PREFIX})
+    message(STATUS "Set AIMET_PACKAGE_PATH = ${AIMET_PACKAGE_PATH}")
+endif()
 
 set(remote_url_cmake_opt "-DREMOTE_URL=\"\"")
 
@@ -294,18 +297,6 @@ if(IS_DIRECTORY "${CMAKE_CURRENT_SOURCE_DIR}/Benchmarks")
   add_subdirectory(Benchmarks)
 endif()
 
-# -------------------------------
-# Packaging - deprecated
-# -------------------------------
-set(CPACK_PACKAGE_NAME "aimet")
-set(CPACK_PACKAGE_VERSION_MAJOR 0)
-set(CPACK_PACKAGE_VERSION_MINOR 1)
-set(CPACK_PACKAGE_VERSION_PATCH 1)
-set(CPACK_SYSTEM_NAME "build-0.0.0.0")
-set(CPACK_GENERATOR "TGZ")
-set(CPACK_INSTALLED_DIRECTORIES ${AIMET_INSTALL_DIR} .)
-include(CPack)
-
 # -------------------------------
 # Upload pip packages
 # -------------------------------
diff --git a/Docs/CMakeLists.txt b/Docs/CMakeLists.txt
index d3b9a83aad..d1b9bf1bf2 100644
--- a/Docs/CMakeLists.txt
+++ b/Docs/CMakeLists.txt
@@ -37,7 +37,7 @@
 #=============================================================================
 
 install(DIRECTORY ${CMAKE_CURRENT_BINARY_DIR}
-      DESTINATION ${AIMET_INSTALL_DIR}
+      DESTINATION .
       PATTERN "CMakeFiles*" EXCLUDE
       PATTERN "Makefile" EXCLUDE
       PATTERN "*.cmake" EXCLUDE
diff --git a/Examples/CMakeLists.txt b/Examples/CMakeLists.txt
index 3fbdbeabe1..822e2e9cbd 100755
--- a/Examples/CMakeLists.txt
+++ b/Examples/CMakeLists.txt
@@ -34,14 +34,12 @@
 #  @@-COPYRIGHT-END-@@
 #==============================================================================
 
-set(AIMET_EXAMPLES_DEST ${AIMET_INSTALL_DIR}/Examples)
-
 add_custom_target(copy_examples
     COMMAND ${CMAKE_COMMAND} -E copy_directory ${CMAKE_CURRENT_SOURCE_DIR} ${CMAKE_BINARY_DIR}/Docs_SOURCE/Examples)
 
 #TODO Remove the OPTIONAL flag after Common Examples code gets added
 install(DIRECTORY ${CMAKE_CURRENT_SOURCE_DIR}/common
-    DESTINATION ${AIMET_EXAMPLES_DEST}
+    DESTINATION Examples
     OPTIONAL
     PATTERN "__pycache*" EXCLUDE
     PATTERN "CMakeLists.txt" EXCLUDE
@@ -49,7 +47,7 @@ install(DIRECTORY ${CMAKE_CURRENT_SOURCE_DIR}/common
 
 if (ENABLE_TORCH)
     install(DIRECTORY ${CMAKE_CURRENT_SOURCE_DIR}/torch
-    DESTINATION ${AIMET_EXAMPLES_DEST}
+    DESTINATION Examples
     PATTERN "__pycache*" EXCLUDE
     PATTERN "CMakeLists.txt" EXCLUDE
     )
@@ -59,7 +57,7 @@ endif(ENABLE_TORCH)
 if (ENABLE_TENSORFLOW)
     #TODO Remove the OPTIONAL flag after TensorFlow Examples code gets added
     install(DIRECTORY ${CMAKE_CURRENT_SOURCE_DIR}/tensorflow
-    DESTINATION ${AIMET_EXAMPLES_DEST}
+    DESTINATION Examples
     OPTIONAL
     PATTERN "__pycache*" EXCLUDE
     PATTERN "CMakeLists.txt" EXCLUDE
@@ -68,7 +66,6 @@ if (ENABLE_TENSORFLOW)
 endif(ENABLE_TENSORFLOW)
 
 # Create a tarball archive of the Examples code
-install(CODE "execute_process(COMMAND
-                ${CMAKE_COMMAND} -E chdir ${AIMET_INSTALL_DIR}
-                ${CMAKE_COMMAND} -E tar cvzf ${AIMET_EXAMPLES_DEST}.tar.gz ${CMAKE_CURRENT_SOURCE_DIR}/Examples)"
+install(CODE "execute_process(COMMAND ${CMAKE_COMMAND} -E tar cvzf ${CMAKE_INSTALL_PREFIX}/Examples.tar.gz .
+                              WORKING_DIRECTORY ${CMAKE_CURRENT_SOURCE_DIR})"
         )
diff --git a/ModelOptimizations/DlCompression/CMakeLists.txt b/ModelOptimizations/DlCompression/CMakeLists.txt
index e134f6ae3a..dd8b857502 100644
--- a/ModelOptimizations/DlCompression/CMakeLists.txt
+++ b/ModelOptimizations/DlCompression/CMakeLists.txt
@@ -60,7 +60,7 @@ target_compile_options(MoDlCompression
 include_directories(${CMAKE_CURRENT_SOURCE_DIR}/include)
 
 install(DIRECTORY ${CMAKE_CURRENT_SOURCE_DIR}/include/DlCompression
-        DESTINATION ${AIMET_INSTALL_DIR}/lib/x86_64-linux-gnu/include)
+        DESTINATION ${CMAKE_INSTALL_LIBDIR}/x86_64-linux-gnu/include)
 
 if (ENABLE_TESTS)
     add_subdirectory(test)
diff --git a/ModelOptimizations/DlEqualization/CMakeLists.txt b/ModelOptimizations/DlEqualization/CMakeLists.txt
index ca86f93774..7be4d7a66d 100644
--- a/ModelOptimizations/DlEqualization/CMakeLists.txt
+++ b/ModelOptimizations/DlEqualization/CMakeLists.txt
@@ -77,7 +77,7 @@ target_compile_options(MoDlEqualization
 include_directories(${CMAKE_CURRENT_SOURCE_DIR}/include)
 
 install(DIRECTORY ${CMAKE_CURRENT_SOURCE_DIR}/include/DlEqualization
-        DESTINATION ${AIMET_INSTALL_DIR}/lib/x86_64-linux-gnu/include)
+        DESTINATION ${CMAKE_INSTALL_LIBDIR}/x86_64-linux-gnu/include)
 
 if (ENABLE_TESTS)
     add_subdirectory(test)
diff --git a/ModelOptimizations/DlQuantization/CMakeLists.txt b/ModelOptimizations/DlQuantization/CMakeLists.txt
index 0fc738e090..7c8d30e47b 100644
--- a/ModelOptimizations/DlQuantization/CMakeLists.txt
+++ b/ModelOptimizations/DlQuantization/CMakeLists.txt
@@ -122,7 +122,7 @@ if (ENABLE_CUDA)
 endif (ENABLE_CUDA)
 
 install(DIRECTORY ${CMAKE_CURRENT_SOURCE_DIR}/include/DlQuantization
-        DESTINATION ${AIMET_INSTALL_DIR}/lib/x86_64-linux-gnu/include)
+    DESTINATION ${CMAKE_INSTALL_LIBDIR}/x86_64-linux-gnu/include)
 
 if (ENABLE_TESTS)
     add_subdirectory(test)
diff --git a/ModelOptimizations/PyModelOptimizations/CMakeLists.txt b/ModelOptimizations/PyModelOptimizations/CMakeLists.txt
index 524b234556..484b66da86 100644
--- a/ModelOptimizations/PyModelOptimizations/CMakeLists.txt
+++ b/ModelOptimizations/PyModelOptimizations/CMakeLists.txt
@@ -40,32 +40,18 @@ Python3_add_library(PyModelOptimizations SHARED
         PyModelOptimizations.cpp
         PyTensorQuantizer.cpp)
 
-if (ENABLE_CUDA)
-    target_link_libraries(PyModelOptimizations
-          PUBLIC
-             stdc++
-             MoDlQuantization
-             MoDlEqualization
-             MoDlQuantizationCuda
-             MoDlCompression
+target_link_libraries(PyModelOptimizations PUBLIC
+        MoDlQuantization
+        MoDlEqualization
+        MoDlCompression
+        ${OPENCV_LINK_LIBRARIES}
+        )
 
+if (ENABLE_CUDA)
+    target_link_libraries(PyModelOptimizations PUBLIC
+            MoDlQuantizationCuda
             CUDA::cublas
-            ${OPENCV_LINK_LIBRARIES}
-             z
-          )
-
-else (ENABLE_CUDA)
-    target_link_libraries(PyModelOptimizations
-            PUBLIC
-            stdc++
-            MoDlQuantization
-            MoDlEqualization
-            MoDlCompression
-
-            ${OPENCV_LINK_LIBRARIES}
-            z
             )
-
 endif (ENABLE_CUDA)
 
 set_target_properties(PyModelOptimizations
@@ -77,7 +63,8 @@ set_target_properties(PyModelOptimizations
       )
 
 install(TARGETS PyModelOptimizations
-        LIBRARY DESTINATION ${AIMET_INSTALL_DIR}/lib/python/aimet_common
+        LIBRARY
+        DESTINATION ${CMAKE_INSTALL_LIBDIR}/python/aimet_common
 )
 
 add_custom_target(whl_prep_cp_common_PyModelOptimizations
diff --git a/TrainingExtensions/common/src/python/CMakeLists.txt b/TrainingExtensions/common/src/python/CMakeLists.txt
index d954b21687..683e0c34bd 100644
--- a/TrainingExtensions/common/src/python/CMakeLists.txt
+++ b/TrainingExtensions/common/src/python/CMakeLists.txt
@@ -39,7 +39,6 @@
 project(aimet_common)
 
 if(NOT TARGET PyModelOptimizations)
-    set(AIMET_INSTALL_DIR ${CMAKE_INSTALL_PREFIX})
     add_subdirectory("../../../../" "${CMAKE_CURRENT_BINARY_DIR}/aimet" EXCLUDE_FROM_ALL)
     install(
         FILES $<TARGET_FILE:PyModelOptimizations>
@@ -47,7 +46,7 @@ if(NOT TARGET PyModelOptimizations)
     )
 else()
     install(DIRECTORY ${CMAKE_CURRENT_SOURCE_DIR}
-        DESTINATION ${AIMET_INSTALL_DIR}/lib
+        DESTINATION ${CMAKE_INSTALL_LIBDIR}
         PATTERN "__pycache*" EXCLUDE
         PATTERN "CMakeLists.txt" EXCLUDE
         )
diff --git a/TrainingExtensions/onnx/CMakeLists.txt b/TrainingExtensions/onnx/CMakeLists.txt
index 1cd68bb232..849b7d6500 100644
--- a/TrainingExtensions/onnx/CMakeLists.txt
+++ b/TrainingExtensions/onnx/CMakeLists.txt
@@ -82,7 +82,8 @@ set_target_properties(OnnxCppOps PROPERTIES
         )
 
 install(TARGETS OnnxCppOps
-        LIBRARY DESTINATION ${AIMET_INSTALL_DIR}/lib/python/aimet_common
+        LIBRARY
+        DESTINATION ${CMAKE_INSTALL_LIBDIR}/python/aimet_common
         )
 
 # ----
@@ -110,7 +111,8 @@ set_target_properties(quant_info
         )
 
 install(TARGETS quant_info
-        LIBRARY DESTINATION ${AIMET_INSTALL_DIR}/lib/python/aimet_common
+        LIBRARY
+        DESTINATION ${CMAKE_INSTALL_LIBDIR}/python/aimet_common
         )
 
 # ----
diff --git a/TrainingExtensions/onnx/src/python/CMakeLists.txt b/TrainingExtensions/onnx/src/python/CMakeLists.txt
index facdd8c0b0..803ba067dc 100644
--- a/TrainingExtensions/onnx/src/python/CMakeLists.txt
+++ b/TrainingExtensions/onnx/src/python/CMakeLists.txt
@@ -37,7 +37,7 @@
 #=============================================================================
 
 install(DIRECTORY ${CMAKE_CURRENT_SOURCE_DIR}
-      DESTINATION ${AIMET_INSTALL_DIR}/lib
-      PATTERN "__pycache*" EXCLUDE
-      PATTERN "CMakeLists.txt" EXCLUDE
-      )
+        DESTINATION ${CMAKE_INSTALL_LIBDIR}
+        PATTERN "__pycache*" EXCLUDE
+        PATTERN "CMakeLists.txt" EXCLUDE
+        )
diff --git a/TrainingExtensions/tensorflow/CMakeLists.txt b/TrainingExtensions/tensorflow/CMakeLists.txt
index fc1112afc2..dc79331c06 100644
--- a/TrainingExtensions/tensorflow/CMakeLists.txt
+++ b/TrainingExtensions/tensorflow/CMakeLists.txt
@@ -155,11 +155,11 @@ endif(ENABLE_CUDA)
 
 
 install(FILES $<TARGET_FILE:TrainingExtensionsTf>
-      DESTINATION ${AIMET_INSTALL_DIR}/lib/python/aimet_common
+    DESTINATION ${CMAKE_INSTALL_LIBDIR}/python/aimet_common
       )
 
 install(DIRECTORY $<TARGET_FILE_DIR:TrainingExtensionsTf>/$<TARGET_FILE_PREFIX:TrainingExtensionsTf>$<TARGET_FILE_BASE_NAME:TrainingExtensionsTf>
-    DESTINATION ${AIMET_INSTALL_DIR}/lib/python/aimet_common
+    DESTINATION ${CMAKE_INSTALL_LIBDIR}/python/aimet_common
 )
 
 add_custom_target(whl_prep_cp_tensorflow
diff --git a/TrainingExtensions/tensorflow/src/python/CMakeLists.txt b/TrainingExtensions/tensorflow/src/python/CMakeLists.txt
index 5fe7b401aa..8a22e00e80 100644
--- a/TrainingExtensions/tensorflow/src/python/CMakeLists.txt
+++ b/TrainingExtensions/tensorflow/src/python/CMakeLists.txt
@@ -37,7 +37,7 @@
 #=============================================================================
 
 install(DIRECTORY ${CMAKE_CURRENT_SOURCE_DIR}
-         DESTINATION ${AIMET_INSTALL_DIR}/lib
-         PATTERN "__pycache*" EXCLUDE
-         PATTERN "CMakeLists.txt" EXCLUDE
-      )
\ No newline at end of file
+        DESTINATION ${CMAKE_INSTALL_LIBDIR}
+        PATTERN "__pycache*" EXCLUDE
+        PATTERN "CMakeLists.txt" EXCLUDE
+      )
diff --git a/TrainingExtensions/torch/CMakeLists.txt b/TrainingExtensions/torch/CMakeLists.txt
index 9b3da30833..8b6becdf6a 100644
--- a/TrainingExtensions/torch/CMakeLists.txt
+++ b/TrainingExtensions/torch/CMakeLists.txt
@@ -104,8 +104,8 @@ if (ENABLE_TESTS)
 endif()
 
 install(DIRECTORY ${CMAKE_BINARY_DIR}/artifacts/aimet_common/
-      DESTINATION ${AIMET_INSTALL_DIR}/lib/python/aimet_common
-      FILES_MATCHING PATTERN "AimetTensorQuantizer*.so"
+        DESTINATION ${CMAKE_INSTALL_LIBDIR}/python/aimet_common
+        FILES_MATCHING PATTERN "AimetTensorQuantizer*.so"
       )
 
 add_custom_target(whl_prep_cp_torch
diff --git a/TrainingExtensions/torch/src/python/CMakeLists.txt b/TrainingExtensions/torch/src/python/CMakeLists.txt
index 2f231aa4d8..8a22e00e80 100644
--- a/TrainingExtensions/torch/src/python/CMakeLists.txt
+++ b/TrainingExtensions/torch/src/python/CMakeLists.txt
@@ -37,7 +37,7 @@
 #=============================================================================
 
 install(DIRECTORY ${CMAKE_CURRENT_SOURCE_DIR}
-      DESTINATION ${AIMET_INSTALL_DIR}/lib
-      PATTERN "__pycache*" EXCLUDE
-      PATTERN "CMakeLists.txt" EXCLUDE
+        DESTINATION ${CMAKE_INSTALL_LIBDIR}
+        PATTERN "__pycache*" EXCLUDE
+        PATTERN "CMakeLists.txt" EXCLUDE
       )
diff --git a/dobuildntest.sh b/dobuildntest.sh
index ff6b684c95..8b15f502c8 100755
--- a/dobuildntest.sh
+++ b/dobuildntest.sh
@@ -209,6 +209,7 @@ fi
 echo "Starting AIMET build and test..."
 workspaceFolder=`readlink -f ${workspaceFolder}`
 buildFolder=$workspaceFolder/build
+installFolder=$workspaceFolder/build/staging/universal
 artifactsFolder=$buildFolder/artifacts
 AIMET_TORCH_HOME=${buildFolder}/torch_pretrain_data
 
@@ -427,7 +428,7 @@ if [ $run_build -eq 1 ]; then
     fi
     # Do not exit on failure by default from this point forward
     set +e
-    cmake -DCMAKE_EXPORT_COMPILE_COMMANDS=ON ${extra_opts} ..
+    cmake -DCMAKE_EXPORT_COMPILE_COMMANDS=ON -DCMAKE_INSTALL_PREFIX=${installFolder} ${extra_opts} ..
 
     make -j 8
     check_stage $? "Build" "true"