# State Finance and Procurement (GSF)

## Title 17. Special Provisions -- State and Local Subdivisions

### Subtitle 1. Security for Construction Contracts

#### Section 17-102

(a) This subtitle does not limit the authority of a public body to require performance security in addition to, or in cases other than, those specified under Sec.Sec. 17-103, 17-104, 17-106, and 17-107 of this subtitle.

(b) This subtitle applies only to security for a construction contract.

(c)

  (1) By ordinance, Baltimore City may provide for a program to satisfy the bonding requirements under Sec.Sec. 17-103, 17-104, 17-106, and 17-107 of this subtitle with respect to any construction contract:

    (i) that does not exceed $200,000; and

    (ii) for which State money is not used.

  (2) The program shall provide for payment security of at least 50% of the total amount payable under the contract.

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