State Codes and Statutes

Statutes > New-mexico > Chapter-15 > Article-3b > Section-15-3b-11

15-3B-11. Capital projects; contingency limitation.

No more than six and one-half percent of the cost of a capital project shall be used for contingencies. For the purposes of this section, "contingencies" means unforeseeable elements of cost within the defined scope of the capital project.   

State Codes and Statutes

Statutes > New-mexico > Chapter-15 > Article-3b > Section-15-3b-11

15-3B-11. Capital projects; contingency limitation.

No more than six and one-half percent of the cost of a capital project shall be used for contingencies. For the purposes of this section, "contingencies" means unforeseeable elements of cost within the defined scope of the capital project.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-15 > Article-3b > Section-15-3b-11

15-3B-11. Capital projects; contingency limitation.

No more than six and one-half percent of the cost of a capital project shall be used for contingencies. For the purposes of this section, "contingencies" means unforeseeable elements of cost within the defined scope of the capital project.