(a)    In this section, “small procurement” means a procurement for which:

(1)    a unit spends $50,000 or less;

(2)    a contractor provides services subject to § 11–202(3) of this article for expected annual revenues of $50,000 or less;

(3)    the Department of General Services or the Department of Transportation is seeking to award a procurement contract for a construction with a value that is $100,000 or less; or

(4)    for purposes of administering Title 29, Subtitle 1 of the State Personnel and Pensions Article, the State Retirement Agency spends $50,000 or less during a fiscal year for:

(i)    expenses related to independent medical evaluations by a physician; and

(ii)    any expenses related to testimony by the physician at administrative hearings on behalf of the Agency.

(b)    A unit may make small procurements in accordance with the regulations of primary procurement units.

(c)    A primary procurement unit may not create a small procurement by artificial division of a procurement.

(d)    Any regulation of a primary procurement unit to govern small procurements:

(1)    shall provide for a simplified administrative procedure;

(2)    shall be consistent with the basic intent of this Division II; and

(3)    may not be disadvantageous economically to the State.

(e)    At least every 3 years, the Board shall:

(1)    review the prevailing costs of labor and materials; and

(2)    if warranted by changes in cost, recommend to the General Assembly appropriate adjustments in the ceiling for a small procurement.