2.70.5.8 NMAC

Section 8. Policy

Last amended: 2008Year: 2008Length: 142 wordsOfficial source
A. The capitol buildings repair fund will only be utilized when the property control division director, upon approval of the state board of finance, determines: (1) that an immediate need or emergency exists or that the expenditure is consistent with an approved schedule of repairs; and (2) that no other sources of funding are readily available; it is not the intent of this policy to fund new capital outlay projects or agency personnel costs. B. Priority will be given to projects that achieve: (1) correction of code violations or any other applicable codes; compliance with ADA requirements or any other applicable laws; structural repairs including repairs to roofs, supporting walls and foundations; repairs of electrical and mechanical systems; or increased energy efficiency with a payback of five years or less; or (2) projects that are consistent with an approved schedule of repairs.
2.70.5.8 NMAC: Section 8. Policy | Justis AI