§ 13-214
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/md/state-finance-and-procurement/13-214·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§13–214.
(1)Subject to § 13-215 of this subtitle and subsection
(b)of this section, a unit may enter into a procurement contract based on any method of pricing that will promote the best interests of the State.
(2)If practicable, a unit shall give preference to a fixed-price form of procurement contract.
(1)A unit may not enter into a cost-plus-a-percentage-of-cost procurement contract.
(2)A contractor who is subject to a cost-reimbursement contract may not enter into a cost-plus-a-percentage-of-cost subcontract.