(a) For procurements conducted by competitive sealed bidding, a unit shall award the contract to the responsible bidder that submits the responsive bid that:
(1) (i) has the lowest bid price;
(ii) has the lowest evaluated bid price; or
(iii) for procurements subject to § 11–202(3) of this article, is the bid most favorable to the State; and
(2) meets or makes a good faith effort to meet any applicable overall percentage goal established under this subtitle.
(b) For procurements conducted by competitive sealed proposals, a unit shall award the contract to the responsible offeror:
(1) proposing the most advantageous offer; and
(2) that meets or makes a good faith effort to meet any applicable overall percentage goal established under this subtitle.