Current with changes from the 2024 Legislative Session
Section 9-308 - Procurement forecast(a) On or before June 30 each year, each unit shall submit to the Office a procurement forecast for all procurement contracts over $100,000 for the upcoming fiscal year.(b)(1) On or before August 15 each year, each unit shall submit annually the unit's reconciliation of the prior fiscal year's procurement forecast to include: (i) the status of the forecasted procurements;(ii) the total number of forecasted contracts that have been awarded; and(iii) the total number of procurements that have been awarded but were unanticipated by the unit's prior fiscal year's procurement forecast.(2) Each unit shall notify the Office within 15 days of any updates to the existing forecast, including : (i) additional procurements forecasted for the current fiscal year; and(ii) any previously forecasted procurements that are no longer anticipated to occur during the fiscal year.(3) The Office shall publish the information provided by each unit on the Office's website.Added by 2024 Md. Laws, Ch. 584,Sec. 1, eff. 10/1/2024.