Md. Code Ann., State Fin. & Proc. § 3-605
Requirements of capital program
Effective Jun 1, 2001Added as State Finance and Procurement § 5-704 by Acts 1985, c. 11, § 2, eff. Oct. 1, 1985. Renumbered as State Finance and Procurement § 3-605 by Acts 1989, c. 540, § 1. Amended by Acts 2001, c. 111, § 12, eff. June 1, 2001.State of Maryland
- (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.
The capital program shall:
Added as State Finance and Procurement § 5-704 by Acts 1985, c. 11, § 2, eff. Oct. 1, 1985. Renumbered as State Finance and Procurement § 3-605 by Acts 1989, c. 540, § 1. Amended by Acts 2001, c. 111, § 12, eff. June 1, 2001.
Formerly Art. 88C, § 6.