Md. Code, State Finance and Procurement § 2-401
This is the official text of Md. Code, State Finance and Procurement § 2-401, part of Maryland’s Code, State Finance and Procurement — governs the state budget and government contracting.
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§2–401.
Official statutory text
(a) In this subtitle the following words have the meanings indicated.
(b) “Annual operating costs” include the cost of:
(1) the production, treatment, pumping, storage, transmission, and distribution of water and the maintenance and repair of equipment associated with these functions;
(2) the collection, pumping, transmission, and treatment of wastewater, and the maintenance and repair of equipment associated with these functions;
(3) administrative overhead;
(4) debt service;
(5) depreciation; and
(6) servicing customer accounts.
(c) “Lateral system construction costs” include:
(1) any cost necessary to plan, design, acquire, construct, inspect, test, and put into operation the lateral system to serve a State facility; and
(2) any indirect cost incurred by the local jurisdiction that is necessary to construct water and sewer lines.
(b) “Annual operating costs” include the cost of:
(1) the production, treatment, pumping, storage, transmission, and distribution of water and the maintenance and repair of equipment associated with these functions;
(2) the collection, pumping, transmission, and treatment of wastewater, and the maintenance and repair of equipment associated with these functions;
(3) administrative overhead;
(4) debt service;
(5) depreciation; and
(6) servicing customer accounts.
(c) “Lateral system construction costs” include:
(1) any cost necessary to plan, design, acquire, construct, inspect, test, and put into operation the lateral system to serve a State facility; and
(2) any indirect cost incurred by the local jurisdiction that is necessary to construct water and sewer lines.
Status: in_force · Read it on the official government site
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