New Mexico Administrative Code
Title 2 - PUBLIC FINANCE
Chapter 70 - CAPITAL EXPENDITURES
Part 5 - POLICY FOR USE OF CAPITOL BUILDINGS REPAIR FUND
Section 2.70.5.10 - PROCEDURES AND REVISED PROJECTS
Current through Register Vol. 35, No. 18, September 24, 2024
A. All requests for capitol buildings repair funds shall be made to the director, property control division, general services department, 1100 St. Francis Drive, Santa Fe, New Mexico 87501, telephone (505) 827-2141.
B. The state board of finance director shall review and recommend action to the state board of finance. No money shall be expended from the capitol buildings repair fund without authorization of the state board of finance.
C. To ensure that projects requested from the capitol buildings repair fund approved by the state board of finance will be completed in substantially the same form as approved, any change in a project resulting in a change in the project's budget of more than 10 percent will require separate review and approval by the state board of finance. The same information will be required for such changes as is required for the original submission of the project.
D. Any additional information that can help in evaluating a proposed project can be requested by the state board of finance prior to final approval.
