§ 10A–402
Statutes in effect as of October 1, 2026.
Md. Code Ann., State Fin. & Proc. § 10A-402 (2026)
Title 10A. Public-Private Partnerships
Subtitle 4. Public–private Partnership Agreements
§ 10A–402LinkCopy Citation
(a)
Except as provided in subsection (b) of this section, a public–private partnership agreement may not exceed 50 years, including all renewals and extensions.
(b)
The Board of Public Works may:
(1)
waive the prohibition set forth in subsection (a) of this section if the Board determines that the reporting agency has demonstrated sufficient reason for the agreement to have a longer term; and
(2)
waive the prohibition set forth in subsection (a) of this section at any point during the presolicitation, proposal review, or agreement negotiations process.