# State Finance and Procurement (GSF)

## Title 14. Preferences

### Subtitle 10

#### Section 14-1001

(a) In this subtitle the following words have the meanings indicated.

(b) "Covered procurement" means a procurement that is valued at less than $80,000,000.

(c) "ESOP evaluation factor" means a preference for an ESOP offeror that a unit may include in the evaluation of proposals.

(d) "ESOP offeror" means a responsible offeror who utilizes an employee stock ownership plan approved under Sec. 401(a) of the Internal Revenue Code.

(e) "Unit" means the Maryland Stadium Authority, a university, or the Baltimore City Community College.

(f) "University" means Morgan State University or St. Mary's College of Maryland.

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