Revised Code of Washington - RCW Title 39 Public Contracts And Indebtedness - Section 39.35B.040 Implementation

§ 39.35B.040. Implementation

The principal executives of all state agencies are responsible for implementing the policy set forth in this chapter. The office of financial management in conjunction with the department of general administration may establish guidelines for compliance by the state government and its agencies, and state universities and community colleges. The office of financial management shall include within its biennial capital budget instructions:

(1) A discount rate for the use of all agencies in calculating the present value of future costs, and several examples of resultant trade-offs between annual operating costs eliminated and additional capital costs thereby justified; and

(2) Types of projects and building components that are particularly appropriate for life-cycle cost analysis.

[1986 c 127 § 4.]

Sections:  Previous  39.35B.010  39.35B.020  39.35B.030  39.35B.040  39.35B.050  Next

Last modified: April 7, 2009