§14–206.

    (a)    In this section, “percentage preference” means the percent of the lowest responsive bid submitted by a responsible bidder who is not a small business by which a responsive bid by a small business may:

        (1)    exceed the lowest bid; and

        (2)    be awarded a procurement contract under this subtitle.

    (b)    Subject to the approval of the Board, each unit:

        (1)    shall establish a percentage preference, not to exceed 8%, for each industry as follows:

            (i)    a base percentage preference not to exceed 5% for all small businesses; and

            (ii)    two additional preferences to the percentage preference set forth in item (i) of this paragraph as follows:

                1.    2% for veteran–owned small businesses; and

                2.    3% for disabled veteran–owned small businesses; and

        (2)    may vary the percentage preference determined in item (1)(i) of this subsection among industries to account for their particular characteristics.