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<section article="gsf" article_name="State Finance and Procurement" number="14-1001" effective_note="EFFECTIVE UNTIL JUNE 30, 2030 PER CHAPTERS 736 AND 737 OF 2025" title_number="14" title_name="Preferences" subtitle_number="10">
  <level label="a">
    <text>In this subtitle the following words have the meanings indicated.</text>
  </level>
  <level label="b">
    <text>“Covered procurement” means a procurement that is valued at less than $80,000,000.</text>
  </level>
  <level label="c">
    <text>“ESOP evaluation factor” means a preference for an ESOP offeror that a unit may include in the evaluation of proposals.</text>
  </level>
  <level label="d">
    <text>“ESOP offeror” means a responsible offeror who utilizes an employee stock ownership plan approved under § 401(a) of the Internal Revenue Code.</text>
  </level>
  <level label="e">
    <text>“Unit” means the Maryland Stadium Authority, a university, or the Baltimore City Community College.</text>
  </level>
  <level label="f">
    <text>“University” means Morgan State University or St. Mary’s College of Maryland.</text>
  </level>
</section>
