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Ch. 255 2006 LAWS OF MARYLAND
(d) Except as provided in Title 12, Subtitle 4 and Title 14, Subtitle 3 of this
article, this Division II does not apply to the Board of Trustees of the State
Retirement and Pension System for:
(1) services of managers to invest the assets of the State Retirement and
Pension System, including real and personal property.
(2) expenditures to manage, maintain, and enhance the value of the
assets of the State Retirement and Pension System in accordance with investment
guidelines adopted by the Board of Trustees;
(3) services related to the administration of the optional retirement
program under Title 30 of the State Personnel and Pensions Article: and
(4) services related to the administration of the Postretirement Health
Benefits Trust Fund.
(e) (1) In this subsection. "University" means the University System of
Maryland [or], Morgan State University OR ST. MARY'S COLLEGE OF MARYLAND.
(2) Except as otherwise provided in this subsection, this Division II does
not apply to the University System of Maryland [or], Morgan State University, OR
ST. MARYS COLLECT, OF MARYLAND.
(3) (i) A procurement by a University shall comply with the policies
and procedures developed by the University and approved by the Board of Public
Works and the Administrative, Executive, and Legislative Review Committee of the
General Assembly in accordance with § 12-112 of the Education Article for the
University System of Maryland or § 14-109 of the Education Article for Morgan State
University. OR § 14-405(F) OF THE EDUCATION ARTICLE FOR ST. MARYS COLLEGE OF
MARYLAND.
(ii) 1. Any contract for services or capital improvements with a
value that exceeds $500,000 shall require the review and approval of the Board of
Public Works.
2. In its review of a contract for services or capital
improvements with a value that exceeds $500,000, the Board of Public Works may
request the comments of the appropriate agencies, including the Department of
Budget and Management and the Department of General Services.
(4) A University's policies shall:
(i) to the maximum extent practicable, require the purchasing of
supplies and services in accordance with Title 14. Subtitle 1 of this article: and
(ii) promote the purposes of the regulations adopted by the
Department of General Services governing the procurement of architectural and
engineering services,
(5) (i) Except as provided in paragraph (7) of this subsection, the
following provisions of Division II of this article apply to a University;
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