Md. Code, State Finance and Procurement § 14-1001
Md. Code, State Finance and Procurement § 14-1001
in effect§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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsf§ion=14-1001&enactments=falseFetched: 10/17/2026