Section 13-213 - Regulations on price and cost principles(a) In accordance with Title 10, Subtitle 1 of the State Government Article, the Board shall adopt regulations on price and cost principles based on generally accepted accounting principles.(b) The principles adopted by the Board shall be used: (1) as guidelines for negotiations on: (i) estimated costs or fixed prices;(ii) price adjustments for contract modifications and change orders; and(iii) settlements of terminated procurement contracts;(2) to establish the allowability of costs under procurement contract provisions for the reimbursement of costs; and(3) in any other situation that requires the establishment of the estimated or incurred costs of performing a procurement contract.