Arizona Laws 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:
Terms Used In Arizona Laws 28-7003
- Contract: A legal written agreement that becomes binding when signed.
- Department: means the department of transportation acting directly or through its duly authorized officers and agents. See Arizona Laws 28-101
- Director: means the director of the department of transportation. See Arizona Laws 28-101
- highway: means the entire width between the boundary lines of every way if a part of the way is open to the use of the public for purposes of vehicular travel. See Arizona Laws 28-101
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- State: means a state of the United States and the District of Columbia. See Arizona Laws 28-101
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.