Md. Code, State Finance and Procurement § 8-207
This is the official text of Md. Code, State Finance and Procurement § 8-207, part of Maryland’s Code, State Finance and Procurement — governs the state budget and government contracting.
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§8–207.
Official statutory text
(a) This section does not apply to bonds issued under an enabling act that specifically states that this section does not apply.
(b) Whenever a State unit simultaneously issues bonds authorized under 2 or more enabling acts, the State unit may allow submission of a bid that:
(1) is for bonds authorized under 1 enabling act; and
(2) is conditioned on the acceptance of 1 or more companion bids for bonds authorized under 1 or more of the other enabling acts.
(c) Whenever, as a whole, a set of bids under subsection (b) of this section yields to the State unit more than individual bids, the State unit shall accept the set even if 1 or more of the bids in the set yields less than the individual bids.
(b) Whenever a State unit simultaneously issues bonds authorized under 2 or more enabling acts, the State unit may allow submission of a bid that:
(1) is for bonds authorized under 1 enabling act; and
(2) is conditioned on the acceptance of 1 or more companion bids for bonds authorized under 1 or more of the other enabling acts.
(c) Whenever, as a whole, a set of bids under subsection (b) of this section yields to the State unit more than individual bids, the State unit shall accept the set even if 1 or more of the bids in the set yields less than the individual bids.
Status: in_force · Read it on the official government site
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