Maryland State Finance and Procurement Section 3-605


Article - State Finance and Procurement

§ 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.