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Maryland Code, State Finance and Procurement § 14-504

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) Any procurement by a unit of goods, supplies, services, maintenance, construction, construction-related services, architectural services, and engineering services shall be eligible for designation for the small business reserve.

(b) A solicitation for procurement that has been designated for a small business reserve shall be published in the same manner as required for an invitation for bids as set forth in § 13-103(c) of this article.

(c) The procurement officer of a unit shall award a procurement contract designated for a small business reserve to the small business that submits a responsive bid that:

(1) is the lowest bid price;

(2) if the invitation for bids so provides, is the lowest evaluated bid price; or

(3) is the bid or proposal most favorable to the State within the small business reserve.

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Cite this article: FindLaw.com - Maryland Code, State Finance and Procurement § 14-504 - last updated January 01, 2025 | https://codes.findlaw.com/md/state-finance-and-procurement/md-code-state-fin-and-proc-sect-14-504/

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