Purpose: To establish the process by which:
Authority: The Small Business Reserve Program in State Procurement Law mandates that at least 15% of the dollar value of procurements made by procurement units be from small businesses at the prime contract level. Sections 14-501 – 14-505, State Finance and Procurement Article, Maryland Code.
Small business means a for-profit business, other than a broker, certified by the Governor's Office of Small, Minority, and Women Business Affairs (GOSBA) as a small business that meets the following criteria:
Small business reserve means procurements for which awards are reserved, or limited, to certified small businesses.
Caveat: A procurement unit that is exempt from Division II of the State Finance and Procurement Law calculates its total dollar value of qualified expenditures by including those procurements that are governed by the unit's procurement policies and procedures adopted pursuant to Sections 11-203 or 12-401 of the State Finance and Procurement Article.
Questions may be addressed to:
Governor’s Office of Small, Minority, and Women Business Affairs
100 Community PlaceCrownsville, MD 21032
Louis L. Goldstein Treasury Building | 80 Calvert Street, Annapolis MD 21401