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Section 3-605 - Organization of Capital Program — Maryland Law | CourtGPT
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  8. Section 3-605 - Organization of Capital Program
Maryland Legal Code

Section 3-605 - Organization of Capital Program

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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.