Ch. 116                                    1995 LAWS OF MARYLAND

(c)     (1) A procurement officer may require a bidder or offeror to provide bid
security on a procurement contract for services, supplies, or construction related services
if the price of the procurement contract is expected to exceed $50,000.

(2)     A procurement officer shall require a bidder or offeror to provide bid
security on a procurement contract for services, supplies, or construction related services
if federal law or a condition of federal assistance requires the security.

(3)     The amount of bid security required for a procurement contract for
services, supplies, or construction related services shall be an amount determined by the
procurement officer. If a bid or proposal states a rate but not a total price, the
procurement officer shall determine the dollar amount of the bid security.

(d)     Bid security under this section shall be:

(1)     a bond provided by a surety company authorized to do business in the
State;

(2)     cash; or

(3)     another form of security allowed by regulation.
13-216.

(a)     Except as provided in subsection (b) of this section, a procurement officer may
not require a contractor to provide a performance bond, payment bond, or other security
on a procurement contract for construction, construction related services, services, or
supplies if the price of the procurement contract is [$50,000] $100,000 or less.

(b)    A procurement officer shall require a contractor to provide a performance
bond, payment bond, or other security if federal law or a condition of federal assistance
requires the security.

(c)     If the price of a procurement contract for construction exceeds [$50,000]
$100,000, a procurement officer shall require a contractor to provide security as required
under Title 17, Subtitle 1 of this article.

(d)     A procurement officer may require a contractor to provide a performance
bond or other security on a procurement contract for supplies, services, or construction
related services if:

(1)     circumstances warrant security; and

(2)     the price of the procurement contract exceeds [$50,000] $100,000.
14-301.

(a)     In this subtitle the following words have the meanings indicated.

(b)     "Certification" means the determination that a legal entity is a minority
business enterprise for the purposes of this subtitle.

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