Arizona Revised Statutes § 28-7003 Construction Program Account Transfers

28-7003. Construction program account transfers

The director of the department of transportation may certify to the director of the department of administration the transfer of amounts from one construction program account to another construction program account only as follows:

1. Construction program items involving urban projects constructed with federal urban monies and state highway monies may be transferred to other urban projects.

2. If a construction program item or account in the first year of its adopted long-range construction program does not contain sufficient monies for awarding or completing a contract, additional monies may be transferred to it from other construction program items from either:

(a) A construction program item or account in which there are excess monies after the completion of the work and there is a complete discharge and satisfaction of all liabilities incurred on that account.

(b) A construction program item or account with a priority not falling within the first year of its adopted long-range construction program.

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Last modified: October 13, 2016