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NEW MEXICO STATUTES AND CODES

Section 15-3B-10 - Capital projects; administrative fees.

15-3B-10. Capital projects; administrative fees.

The cost of a capital project shall include an administrative fee to cover the cost of administering the capital project. The fee shall be one percent of the estimated construction cost of a capital project located in Santa Fe county and one and one-half percent for a capital project located outside Santa Fe county.   

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