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Code · Maryland · State Finance and Procurement

§ 3-605

105 words·~1 min read·/md/state-finance-and-procurement/3-605·

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§3–605.
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.
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