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. History: 1978 Comp., § 15-3B-10, enacted by Laws 2001, ch. 319, § 10; 2015, ch. 146, § 1.
Capital projects; administrative fees
NMSA 1978, § 15-3B-10 — under Article 3B.
NMSA 1978, § 15-3B-10