Md. Code, State Finance and Procurement § 13-213
This is the official text of Md. Code, State Finance and Procurement § 13-213, part of Maryland’s Code, State Finance and Procurement — governs the state budget and government contracting.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§13–213.
Official statutory text
(a) In accordance with Title 10, Subtitle 1 of the State Government Article, the Board shall adopt regulations on price and cost principles based on generally accepted accounting principles.
(b) The principles adopted by the Board shall be used:
(1) as guidelines for negotiations on:
(i) estimated costs or fixed prices;
(ii) price adjustments for contract modifications and change orders; and
(iii) settlements of terminated procurement contracts;
(2) to establish the allowability of costs under procurement contract provisions for the reimbursement of costs; and
(3) in any other situation that requires the establishment of the estimated or incurred costs of performing a procurement contract.
(b) The principles adopted by the Board shall be used:
(1) as guidelines for negotiations on:
(i) estimated costs or fixed prices;
(ii) price adjustments for contract modifications and change orders; and
(iii) settlements of terminated procurement contracts;
(2) to establish the allowability of costs under procurement contract provisions for the reimbursement of costs; and
(3) in any other situation that requires the establishment of the estimated or incurred costs of performing a procurement contract.
Status: in_force · Read it on the official government site
Need a lawyer in Maryland?
Find a Maryland lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.