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§ 12-203. Regulations waiving approval requirement

West's Annotated Code of MarylandState Finance and Procurement

West's Annotated Code of Maryland
State Finance and Procurement
Division II. General Procurement Law [Titles 11-End] (Refs & Annos)
Title 12. Organization and Supervision of State Procurement (Refs & Annos)
Subtitle 2. Supervision of Capital Expenditures and Real Property Leases (Refs & Annos)
MD Code, State Finance and Procurement, § 12-203
§ 12-203. Regulations waiving approval requirement
Currentness
In general
(a)(1) The Board may adopt regulations that allow a unit of the State government to enter into a contract or make a change order related to a capital project without approval.
(2) These regulations shall:
(i) comply with this section; and
(ii) be subject to the approval of the Joint Committee on Administrative, Executive, and Legislative Review.
Required provisions
(b)(1) Regulations adopted under this section shall:
(i) establish an expenditure or use classification to determine which contracts or change orders may be made without Board approval;
(ii) set an amount for each classification and require a unit of the State government to obtain approval of the Board if the annual dollar value of a contract and its change orders exceeds that amount; and
(iii) require a unit of the State government to establish a reporting system approved by the Board to inform the Board about contracts or change orders entered into without Board approval.
(2) The amount established by the Board under paragraph (1)(ii) of this subsection shall be an amount that:
(i) frees the Board from direct review of relatively insignificant items; but
(ii) does not impair the strong public policy favoring direct review by the Board for items that have a substantial fiscal impact.

Credits

Added by Acts 1988, c. 48, § 2, eff. Oct. 1, 1988.
MD Code, State Finance and Procurement, § 12-203, MD STATE FIN & PROC § 12-203
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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