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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Maryland Code, State Finance and Procurement § 3-605 - last updated January 01, 2025 | https://codes.findlaw.com/md/state-finance-and-procurement/md-code-state-fin-and-proc-sect-3-605/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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