N.M. Stat. § 15-3B-10

Current through 2024, ch. 69

Section 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 three percent of the appropriated amount of a capital project.

NMS § 15-3B-10

1978 Comp., § 15-3B-10, enacted by Laws 2001, ch. 319, § 10; 2015, ch. 146, § 1.

Amended by 2015, c. 146,s. 1, eff. 6/19/2015.