(a) (1) Subject to § 13-215 of this subtitle and subsection (b) of this section, a unit may enter into a procurement contract based on any method of pricing that will promote the best interests of the State.
(2) If practicable, a unit shall give preference to a fixed-price form of procurement contract.
(b) (1) A unit may not enter into a cost-plus-a-percentage-of-cost procurement contract.
(2) A contractor who is subject to a cost-reimbursement contract may not enter into a cost-plus-a-percentage-of-cost subcontract.
Structure Maryland Statutes
Division II - General Procurement Law
Title 13 - Source Selection -- State Procurement Contracts
Subtitle 2 - Procedural Requirements
Section 13-213 - Regulations on Price and Cost Principles
Section 13-215 - Cost-Reimbursement Contracts
Section 13-216 - Security for Payment; Performance
Section 13-217 - Multi-Year Procurement Contracts
Section 13-218 - Required Clauses -- in General
Section 13-218.1 - Service Contract
Section 13-219 - Required Clauses -- Nondiscrimination Clause
Section 13-220 - Cost and Price Information
Section 13-221 - Disclosures to Secretary of State
Section 13-223 - Contingent Fees
Section 13-224 - Procurement Contracts
Section 13-226 - Electronic Transactions
Section 13-227 - Subcontractor Equal Access to Bonding Act of 2013