As required by the Randolph-Sheppard Amendments of 1974, Pub. L. No. 93-516, and the regulations, set-aside funds may be used for the following purposes:
- (1) Maintenance and replacement of equipment;
- (2) The purchase of new equipment;
- (3) Management services;
- (4) Assuring a fair minimum return; and
(5) If determined by a majority vote of the licensed vendors within the program:
- (A) Establishment and maintenance of retirement or pension fund;
- (B) Health insurance contribution; and
- (C) Provision for paid vacation and sick leave.