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Code · Maryland · State Finance and Procurement

§ 14-1001

112 words·~1 min read·/md/state-finance-and-procurement/14-1001·

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§14–1001. IN EFFECT
// EFFECTIVE UNTIL JUNE 30, 2030 PER CHAPTERS 736 AND 737 OF 2025 //
(a)In this subtitle the following words have the meanings indicated.
(b)“Covered procurement” means a procurement that is valued at less than $80,000,000.
(c)“ESOP evaluation factor” means a preference for an ESOP offeror that a unit may include in the evaluation of proposals.
(d)“ESOP offeror” means a responsible offeror who utilizes an employee stock ownership plan approved under § 401(a) of the Internal Revenue Code.
(e)“Unit” means the Maryland Stadium Authority, a university, or the Baltimore City Community College.
(f)“University” means Morgan State University or St. Mary’s College of Maryland.
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