# Sec. 10A-132. Bonds; generally

Codified through Bill No. CB-018-2026, adopted May 12, 2026, effective July 24, 2026. Source: Municode, Supplement 2026 Update 2. Editorial notes and legislative history omitted.

## Sec. 10A-132. Bonds; generally

Prince George's County, Md., Code § 10A-132 (2026)

(a) Subject to Subsection (b), below, unless otherwise required by State or Federal law or regulation or as a condition to State or Federal assistance, no bid, performance, or payment bonds may be required by the Purchasing Agent to be posted if the contract price does not exceed One-Hundred Thousand Dollars ($100,000).

(b) Additional bonding assistance for County-based small businesses and Locally-owned and Operated Businesses. Unless otherwise required by State or Federal law or regulation or as a condition to State or Federal assistance, no bid, performance, or payment bonds may be required of a County-based small business, County-based Minority Business Enterprises, or Locally-owned and Operated Business by the Purchasing Agent except in accordance with the following:

  (1) For procurement contracts more than $250,000 and up to $10,000,000 in value, required bonding shall be no more than 40% of the value of the contract,

  (2) For procurement contracts above $10,000,000 in value, required bonding shall be no more than 75% of the value of the contract, and

  (3) For procurement contracts of $250,000 or less, bonding shall not be required.

(c) As a written condition of a procurement award or procurement contract authorized under this Subtitle, the Purchasing Agent or the Purchasing Agent's designee may require responsive bidders or an award recipient, excluding County-based small businesses and Locally-owned and Operated Businesses, to provide bid, performance, and/or payment bonding assistance to County-based small businesses and Locally-owned and Operated Businesses in order to assist in complying with Division 7 of this Subtitle.

(d) Notwithstanding the requirements of Subsection (b), the Purchasing Agent shall be authorized to waive or modify said requirements if the Purchasing Agent determines such waiver or modification is in the best interest of the County.