Maine § 5 §1763 No facility leased without life-cycle costs

Maine Statutes

§ 5 §1763 — No facility leased without life-cycle costs

Maine § 5 §1763

Title 5ADMINISTRATIVE PROCEDURES AND SERVICES

Part 4FINANCE

Ch. 153PUBLIC IMPROVEMENTS

This text of Maine § 5 §1763 (No facility leased without life-cycle costs) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 5, § 5 §1763 (2026).

Text

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.
In the event of an emergency such as a building destroyed by fire, this requirement may be waived by the Bureau of General Services.

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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.
In the event of an emergency such as a building destroyed by fire, this requirement may be waived by the Bureau of General Services.