yourstate.us
Md. Code, State Fin. & Proc. § 14-501

Md. Code, State Fin. & Proc. § 14-501

Maryland · Maryland Code, State Finance and Procurement · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Md. Code, State Fin. & Proc. § 14-501, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1787555
Permanent ID
ys:prov:1787555@1
SHA-256
ca1ad6b16803c7c5cb888bc6f1f5642d70dc0c64031f3ca7a37450926f348582

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) In this subtitle the following words have the meanings indicated. (b) “Certification agency” has the meaning stated in § 14–301 of this title. (c) “Economically disadvantaged individual” has the meaning stated in § 14–301 of this title. (d) “Small business” means: (1) a certified minority business enterprise, as defined in § 14–301 of this title, that meets the criteria specified under item (3) of this subsection; (2) a veteran–owned small business enterprise, as defined in § 14–601 of this title, that meets the criteria specified under item (3) of this subsection; or (3) a business, other than a broker, that meets the following criteria: (i) the business is independently owned and operated; (ii) the business is not a subsidiary of another business; (iii) the business is not dominant in its field of operation; and (iv) 1. A. the wholesale operations of the business did not employ more than 50 persons in its most recently completed 3 fiscal years; B. the retail operations of the business did not employ more than 25 persons in its most recently completed 3 fiscal years; C. the manufacturing operations of the business did not employ more than 100 persons in its most recently completed 3 fiscal years; D. the service operations of the business did not employ more than 100 persons in its most recently completed 3 fiscal years; E. the construction operations of the business did not employ more than 50 persons in its most recently completed 3 fiscal years; and F. the architectural and engineering services of the business did not employ more than 100 persons in its most recently completed 3 fiscal years; or 2. A. the gross sales of the wholesale operations of the business did not exceed an average of $4,000,000 in its most recently completed 3 fiscal years; B. the gross sales of the retail operations of the business did not exceed an average of $3,000,000 in its most recently completed 3 fiscal years; C. the gross sales of the manufacturing operations of the business did not exceed an average of $2,000,000 in its most recently completed 3 fiscal years; D. the gross sales of the service operations of the business did not exceed an average of $10,000,000 in its most recently completed 3 fiscal years; E. the gross sales of the construction operations of the business did not exceed an average of $7,000,000 in its most recently completed 3 fiscal years; and F. the gross sales of the architectural and engineering services of the business did not exceed an average of $4,500,000 in its most recently completed 3 fiscal years. (e) “Small business reserve” means those procurements that are limited to responses from small businesses under § 14–502(c) of this subtitle.