Sec. 14.21.09.02. Procedures

A. Except for Title 14, Subtitle 3, the provisions of the State Finance and Procurement Article, Division II, Annotated Code of Maryland, and regulations under the State Finance and Procurement Article, Division II, do not apply to the procurement procedures of the Authority.

B. The Authority may elect, at its discretion, to incorporate into its bid documents and contract documents, provisions similar to those customarily found in State contracts under the State Finance and Procurement Article, Annotated Code of Maryland, for similar goods and services, or other provisions that the Authority considers to be in its best interests.

C. Contracts by the Authority for construction of facilities of a project shall be made only after solicitation of sealed bids, except for construction on land that has been either leased or sold by the Authority to a private entity or entities.

D. The Executive Director may, without further approval by the Board of Directors, contract for goods and services that are within a budget that has been approved by the Board of Directors. The Executive Director may exercise remedies for default relating to the agreements.