§ 13-214

Maryland § 13-214

• Jurisdiction: Maryland
• Article gsf: State Finance and Procurement
• Title: 13

Text

(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.