Md. Code Regs. 26.03.10.03
A. Project costs which are eligible for financial assistance under this chapter may include:
B. Project costs which may not be funded, except as provided for in §C, of this regulation, include:
C. Project costs outlined in §B, of this regulation, may be funded if the:
E. Allowances. The additional costs permitted in §C, of this regulation, may not exceed the percent of the total project cost as interpolated from Tables 1 and 2. State participation for these costs shall require a bona fide commitment from the applicant that construction of the proposed project will begin within 2 years. Table 1. Allowance for Feasibility Studies, Planning, Administrative Costs and Overhead, and Plans and Specifications Table 2. Allowance for Plans and Specifications Only
| Project | Allowance as a Percentage of Building Cost |
|---|---|
| $100,000 | 12.971 |
| 120,000 | 12.688 |
| 150,000 | 12.350 |
| 175,000 | 12.122 |
| 200,000 | 11.928 |
| 250,000 | 11.610 |
| 300,000 | 11.357 |
| 350,000 | 11.147 |
| 400,000 | 10.968 |
| 500,000 | 10.676 |
| 600,000 | 10.443 |
| 700,000 | 10.250 |
| $800,000 | 10.088 |
| 900,000 | 9.943 |
| 1,000,000 | 9.817 |
| 1,200,000 | 9.603 |
| 1,500,000 | 9.347 |
| 1,750,000 | 9.174 |
| 2,000,000 | 9.027 |
| 2,500,000 | 8.787 |
| 3,000,000 | 8.595 |
| 3,500,000 | 8.438 |
| 4,000,000 | 8.301 |
| 5,000,000 | 8.080 |
| 6,000,000 | 7.903 |
| 7,000,000 | 7.757 |
| Project | Allowance as a Percentage of Building Cost |
|---|---|
| $100,000 | 12.971 |
| 100,000 | 7.253 |
| 120,000 | 7.168 |
| 150,000 | 7.068 |
| 175,000 | 6.997 |
| 200,000 | 6.937 |
| 250,000 | 6.839 |
| 300,000 | 6.759 |
| 400,000 | 6.635 |
| 500,000 | 6.541 |
| 600,000 | 6.465 |
| 700,000 | 6.401 |
| 800,000 | 6.347 |
| 900,000 | 6.299 |
| $1,000,000 | 6.257 |
| 1,200,000 | 6.184 |
| 1,500,000 | 6.096 |
| 1,750,000 | 6.038 |
| 2,000,000 | 5.984 |
| 2,500,000 | 5.899 |
| 3,000,000 | 5.831 |
| 3,500,000 | 5.773 |
| 4,000,000 | 5.724 |
| 5,000,000 | 5.643 |
| 6,000,000 | 5.577 |
| 7,000,000 | 5.522 |
| 8,000,000 | 5.475 |
| 9,000,000 | 5.434 |
| 10,000,000 | 5.397 |
Authority: Chapter 306, Acts of 1982, Laws of Maryland
Effective date: August 12, 1985 (12:16 Md. R. 1606)
Chapter recodified from COMAR 10.17.14 to CIMAR 26.03.10