# State Finance and Procurement (GSF)

## Title 15. Procurement Contract Administration and Dispute Resolution

### Subtitle 1. Procurement Contract Administration

#### Section 15-107

After a unit pays a semifinal estimate on a procurement contract, the unit shall place any retainage remaining in its possession in an interest bearing escrow account.

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