§ 3-605. Organization of capital program  


Latest version.



  •    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.


HISTORY: An. Code 1957, art. 88C, § 6; 1985, ch. 11, § 2; 1989, ch. 540, § 1; 2001, ch. 111, § 12.