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New Mexico · Through 2026-07-01

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

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Where this section sits in the code
  1. Chapter 15 - Administration of Government
  2. ARTICLE 3B Property Control

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.

Collected 2026-09-03T15:02:19Z. Source file · JSON

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