Maryland Statutes

§ 14-1001

Maryland·Article gsf State Finance and Procurement·Title 14

§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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