Code of Maryland Regulations
Title 21 - STATE PROCUREMENT REGULATIONS
Subtitle 06 - CONTRACT FORMATION AND AWARD
Chapter 21.06.04 - Cost or Price Requirements
Section 21.06.04.02 - Cost and Price Certificate
Universal Citation: MD Code Reg 21.06.04.02
Current through Register Vol. 51, No. 19, September 20, 2024
Every contract, change order, or modification under which a cost and price certificate is required shall contain a provision that the price, including profit or fee, shall be adjusted to exclude any significant price increases occurring because the contractor furnished cost or price information which, as of the date agreed upon between the parties, was inaccurate, incomplete, or not current. The specific contract clause is contained in COMAR 21.07.
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