There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 15: Administration of Government
Article 3B: Property Control, 15-3B-1 through 15-3B-21
Section 15-3B-10: Capital projects; administrative fees.
NM Stat § 15-3B-10 (1996 through 1st Sess 50th Legis) What's This?
15-3B-10. Capital projects; administrative fees.
The cost of a capital project shall include an administrative fee to cover the cost of administering the capital project. The fee shall be one percent of the estimated construction cost of a capital project located in Santa Fe county and one and one-half percent for a capital project located outside Santa Fe county.
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