# State Finance and Procurement (GSF)

## Title 10A. Public-Private Partnerships

### Subtitle 2. Solicited Proposals

#### Section 10A-203

(a)

  (1) Except as provided in paragraph (2) of this subsection, the Board of Public Works may not approve a public-private partnership agreement until:

    (i) a copy of the proposed agreement is submitted simultaneously to the Comptroller, the State Treasurer, the budget committees, and the Department of Legislative Services, in accordance with Sec. 2-1257 of the State Government Article;

    (ii) the State Treasurer, in coordination with the Comptroller, analyzes the impact on the State's capital debt affordability limits of the proposed public-private partnership agreement;

    (iii) the State Treasurer submits the analysis to the budget committees and the Department of Legislative Services, in accordance with Sec. 2-1257 of the State Government Article; and

    (iv) the budget committees have reviewed and commented on the agreement in accordance with paragraph (3) of this subsection.

  (2) The Board of Public Works may not approve a public-private partnership agreement for a transportation facilities project, as defined in Sec. 4-101(h) of the Transportation Article, until the proposed agreement is submitted to the budget committees and the Department of Legislative Services, in accordance with Sec. 2-1257 of the State Government Article.

  (3)

    (i) The period for review, analysis, and comment under paragraphs (1) and (2) of this subsection may not exceed a total of 30 days from the date the proposed public-private partnership agreement is submitted simultaneously to the State Treasurer, the Comptroller, the budget committees, and the Department of Legislative Services.

    (ii) The budget committees may facilitate a faster review and comment period by sending a letter to the Board of Public Works supporting a proposed public-private partnership agreement in advance of the expiration of the 30-day review period.

(b)

  (1) The proposed public-private partnership agreement made available to the public shall:

    (i) after consultation with the private entity, withhold information deemed confidential, proprietary, or otherwise exempt from disclosure under applicable law, including in accordance with Sec. 4-335 of the General Provisions Article, relating to:

      (1) confidential commercial information;

      (2) confidential financial information; and

      (3) trade secrets; and

    (ii) be posted online by the reporting agency during the 30-day review period in accordance with paragraph (2) of this subsection.

  (2) The online location of the proposed public-private partnership agreement shall be:

    (i) on the website of the reporting agency; or

    (ii) on the website of the specific project if one has been established.

---

Md. Code Ann., State Fin. & Proc. (as displayed at mgaleg.maryland.gov, October 16, 2026)