Md. Code, State Finance and Procurement § 14–1001

// 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.