It is the policy of the State to make a payment under a procurement contract within 30 days:
(1) after the day on which the payment becomes due under the procurement contract; or
(2) if later, after the day on which the unit receives an invoice.
Structure Maryland Statutes
Division II - General Procurement Law
Title 15 - Procurement Contract Administration and Dispute Resolution
Subtitle 1 - Procurement Contract Administration
Section 15-101 - "Invoice" Defined
Section 15-102 - Required Information
Section 15-103 - Payment by State
Section 15-104 - Interest on Late Payments
Section 15-105 - Interest Not Payable
Section 15-106 - Disputes by Units on Payment