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Maryland · Through 2026-01-01

Md. Code, State Finance and Procurement § 10A–402

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  1. Article - State Finance and Procurement

(a) Except as provided in subsection (b) of this section, a public–private partnership agreement may not exceed 50 years, including all renewals and extensions.

(b) The Board of Public Works may:

(1) waive the prohibition set forth in subsection (a) of this section if the Board determines that the reporting agency has demonstrated sufficient reason for the agreement to have a longer term; and

(2) waive the prohibition set forth in subsection (a) of this section at any point during the presolicitation, proposal review, or agreement negotiations process.

Collected 2026-09-14T20:00:48Z. Source file · JSON

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