Maryland Statutes

§ 13-214

Maryland·Article gsf State Finance and Procurement·Title 13
(a)(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.
(b)(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.

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Nearby Sections

15
§ 13-101
§ 13-101
§ 13-102
§ 13-102
§ 13-102.1
§ 13-102.1
§ 13-103
§ 13-103
§ 13-104
§ 13-104
§ 13-105
§ 13-105
§ 13-106
§ 13-106
§ 13-107
§ 13-107
§ 13-108
§ 13-108
§ 13-109
§ 13-109
§ 13-110
§ 13-110
§ 13-111
§ 13-111
§ 13-112
§ 13-112
§ 13-113
§ 13-113
§ 13-114
§ 13-114
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