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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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STATE FINANCE AND PROCUREMENT |
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DIVISION I. STATE FINANCE |
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TITLE 10A. PUBLIC-PRIVATE PARTNERSHIPS |
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SUBTITLE 1. DEFINITIONS; GENERAL PROVISIONS. |
§ 10A-102. Public policy statement
Latest version.
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(a) In general. -- It is the public policy of the State to utilize public-private partnerships, if appropriate, to:
(1) develop and strengthen the State's public infrastructure assets;
(2) apportion between the public and private sectors the risks involved with developing and strengthening public infrastructure assets;
(3) foster the creation of new jobs; and
(4) promote the socioeconomic development and competiveness of Maryland.
(b) Compliance with federal and State laws. -- It is the public policy of the State that a private entity that enters into a public-private partnership with a reporting agency comply with the Labor and Employment Article and the federal Fair Labor Standards Act.