Maryland SB63 requires certain procurement contracts for security services and construction to include clauses for contract modifications.

Maryland SB63 mandates that procurement contracts for security services lasting years or more and valued over $2 million include a clause for contract modification to adjust for increased costs due to statutory changes or collective bargaining. It also requires contracts for construction to include clauses for modifications if site conditions differ from specifications. The bill specifies requirements for notice, submission, and resolution of contract claims and mandates approval by the Chief Procurement Officer for certain modifications.

Maryland SB63 requires certain procurement contracts for security services and construction to include clauses for contract modifications.

Maryland SB63 mandates that procurement contracts for security services lasting years or more and valued over $2 million include a clause for contract modification to adjust for increased costs due to statutory changes or collective bargaining. It also requires contracts for construction to include clauses for modifications if site conditions differ from specifications. The bill specifies requirements for notice, submission, and resolution of contract claims and mandates approval by the Chief Procurement Officer for certain modifications.