§ 2–222.03. Applicability.

(a) Section 2-222.02(a) shall apply:

(1) For grants and contracts valued at or below $1 million beginning on the first day of the new fiscal year following March 16, 2021.

(2) For grants and contracts valued at or below $5 million, but greater than $1 million, beginning on the first day of the new fiscal year following the applicability of paragraph (1) of this subsection.

(3) For grants and contracts valued at or below $ 10 million, but greater than $5 million, beginning on the first day of the new fiscal year following the applicability of paragraph (2) of this subsection.

(4) For grants and contracts valued at or below $25 million, but greater than $10 million beginning on the first day of the new fiscal year following the applicability of paragraph (3) of this subsection.

(5) For grants and contract valued above $25 million beginning on the first day of the new fiscal year following the applicability of paragraph (4) of this subsection.