§107-1.5 - Public works project assessment fund.
§107-1.5 Public works project
assessment fund. (a) There shall be established in the department of
accounting and general services a revolving fund to be known as the public
works project assessment fund for the purposes of defraying costs involved in carrying
out construction projects managed by the department; managing funds
representing accumulated vacation and sick leave credits and retirement
benefits for non-general funded employees in the construction program in
accordance with section 78-23; equitably collecting and distributing the costs
of other current expenses associated with capital improvement, repairs and
maintenance, and repairs and alterations projects; and managing the payments of
employee transportation requirements such as car mileage reimbursements in
accordance with applicable law and collective bargaining agreements.
(b) The comptroller shall make reasonable
assessments on construction projects managed by the department of accounting
and general services to carry out the program of centralized engineering
services. The assessments shall be based on a logarithmic curve developed by
the department for such services. All assessments collected shall be deposited
into the public works project assessment fund.
(c) All expenditures from the public works
project assessment fund shall be made by the comptroller in accordance with
applicable law and rules. [L 1996, c 113, §1; am L 2002, c 148, §11]