22 CAR § 5-701. Purpose for which set-aside funds may be used

As required by the Randolph-Sheppard Amendments of 1974, Pub. L. No. 93-516, and the regulations, set-aside funds may be used for the following purposes: (1) Maintenance and replacement of equipment; (2) The purchase of new equipment; (3) Management services; (4) Assuring a fair minimum return; and (5) If determined by a majority vote of the licensed vendors within the program: (A) Establishment and maintenance of retirement or pension fund; (B) Health insurance contribution; and (C) Provision for paid vacation and sick leave.