§14–1001.    IN EFFECT

    // 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.