5 §1763. No facility leased without life-cycle costs
Title 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Part 4: FINANCE
Chapter 153: PUBLIC IMPROVEMENTS
Subchapter 1-A: ENERGY CONSERVATION IN BUILDINGS ACT HEADING: PL 1977, C. 320 (NEW); C. 563, §1 (RP); C. 563, §2 (REN)
§1763. No facility leased without life-cycle costs
No public improvement, as defined in this chapter, or public school facility, with an area in excess of 10,000 square feet within a given building boundary, may be leased until a life-cycle costs analysis has been performed and a lease may only be approved when the life-cycle costs analysis compare favorably to available like facilities. [1997, c. 541, §1 (AMD).]
In the event of an emergency such as a building destroyed by fire, this requirement may be waived by the Bureau of General Services. [1997, c. 541, §1 (AMD).]
SECTION HISTORY
1977, c. 320, (NEW). 1977, c. 563, §1 (RP). 1977, c. 563, §2 (REN). 1997, c. 541, §1 (AMD).