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What's New: Government Affairs

City of Baltimore Proposes Procurement Regulations with Contractor Self-Insurance Program

Tuesday, September 27, 2016  
  City of Baltimore Proposes Procurement Regulations with Contractor Self-Insurance Program 

The City of Baltimore has proposed procurement regulations for public works projects and for goods and services contracts. This is the first time that the City of Baltimore has proposed detailed regulations to implement provisions from its City Charter, which requires a good and sufficient performance bond, irrevocable letter of credit (LOC), or certification that the successful bidder meets the requirements under the City’s self-insurance program for performance coverage. The proposed regulations would require payment and performance bonds, LOCs and certification of self-insurance for the City’s public works projects. The amount of the bonds or LOC would have to be 100% of the contract price for construction contracts. Baltimore’s City Code also contains provisions pertaining to the self-insurance program for contracts under $200,000, which is consistent with the exceptions in the Little Miller Act for the City.

Members should visit Government Relations / General Info (Members) for more information.

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