Code of Maryland Regulations
Title 21 - STATE PROCUREMENT REGULATIONS
Subtitle 05 - PROCUREMENT METHODS AND PROJECT DELIVERY METHODS
Chapter 21.05.10 - Construction Management at Risk
Section 21.05.10.02 - General
Universal Citation: MD Code Reg 21.05.10.02
Current through Register Vol. 51, No. 26, December 27, 2024
A. Procurement agencies not otherwise exempt from this title may not use the construction management at risk project delivery method for construction projects estimated at less than $10,000,000 without prior approval from the Board of Public Works.
B. Cost savings resulting from projects completed below the guaranteed maximum price may be shared between the procurement agency and the construction manager.
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