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Maryland Code, State Finance and Procurement § 14-505

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

(a) Within 60 days after the enactment of the budget bill by the General Assembly, each unit shall submit a report to the Governor's Office of Small, Minority, and Women Business Affairs that complies with the reporting requirements set forth in COMAR 21.11.01.06.

(b)(1) Within 90 days after the end of each fiscal year, each unit shall submit a report to the Governor's Office of Small, Minority, and Women Business Affairs that complies with the requirements of paragraph (2) of this subsection.

(2) For the preceding fiscal year, the report shall:

(i) state the total number and the dollar value of awards the unit made to small businesses under designated small business reserve contracts;

(ii) state the total number and the dollar value of awards the unit made to small businesses under nondesignated small business reserve contracts, including purchase card procurements;

(iii) state the total dollar value of awards the unit made under procurement contracts; and

(iv) contain other such information as required by the Governor's Office of Small, Minority, and Women Business Affairs.

(c) On or before December 31 of each year, the Governor's Office of Small, Minority, and Women Business Affairs shall submit to the Board of Public Works and, subject to § 2-1257 of the State Government Article, to the Legislative Policy Committee a report summarizing the information the Office receives under subsection (b) of this section.

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Cite this article: FindLaw.com - Maryland Code, State Finance and Procurement § 14-505 - last updated January 01, 2025 | https://codes.findlaw.com/md/state-finance-and-procurement/md-code-state-fin-and-proc-sect-14-505/

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