Md. Code, State Finance and Procurement § 3-605
This is the official text of Md. Code, State Finance and Procurement § 3-605, part of Maryland’s Code, State Finance and Procurement — governs the state budget and government contracting.
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§3–605.
Official statutory text
The capital program shall:
(1) classify projects according to their necessity and urgency;
(2) recommend a time sequence for the projects; and
(3) include the following information about each project:
(i) the contract price or an estimate of the cost of acquisition or construction;
(ii) an estimate of the operating and maintenance costs;
(iii) an estimate of the number of additional State positions that will be required as a result of the project;
(iv) an estimate of revenues likely to be received from the project; and
(v) existing sources of funds or the need for additional sources of funds for construction, acquisition, and operation.
(1) classify projects according to their necessity and urgency;
(2) recommend a time sequence for the projects; and
(3) include the following information about each project:
(i) the contract price or an estimate of the cost of acquisition or construction;
(ii) an estimate of the operating and maintenance costs;
(iii) an estimate of the number of additional State positions that will be required as a result of the project;
(iv) an estimate of revenues likely to be received from the project; and
(v) existing sources of funds or the need for additional sources of funds for construction, acquisition, and operation.
Status: in_force · Read it on the official government site
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