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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) This section does not apply to bonds issued under an enabling act that specifically states that this section does not apply.
(b) Whenever a State unit simultaneously issues bonds authorized under 2 or more enabling acts, the State unit may allow submission of a bid that:
(1) is for bonds authorized under 1 enabling act; and
(2) is conditioned on the acceptance of 1 or more companion bids for bonds authorized under 1 or more of the other enabling acts.
(c) Whenever, as a whole, a set of bids under subsection (b) of this section yields to the State unit more than individual bids, the State unit shall accept the set even if 1 or more of the bids in the set yields less than the individual bids.
Cite this article: FindLaw.com - Maryland Code, State Finance and Procurement § 8-207 - last updated January 01, 2025 | https://codes.findlaw.com/md/state-finance-and-procurement/md-code-state-fin-and-proc-sect-8-207/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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