1. (a)

   1. (1) Subject to § 13-215 of this subtitle and subsection (b) of this section, a unit may enter into a procurement contract based on any method of pricing that will promote the best interests of the State.
   2. (2) If practicable, a unit shall give preference to a fixed-price form of procurement contract.

2. (b)

   1. (1) A unit may not enter into a cost-plus-a-percentage-of-cost procurement contract.
   2. (2) A contractor who is subject to a cost-reimbursement contract may not enter into a cost-plus-a-percentage-of-cost subcontract.

Added by Acts 1988, c. 48, § 2, eff. Oct. 1, 1988.