(a) Except as provided in subsection (b) of this section, the Board may modify or waive any requirement under this Division II for a procurement contract or a class of procurement contracts that is to be performed entirely outside the United States, or any lease of real property outside this State, to the extent that:
(1) the purposes stated in § 11-201(a) of this article are fostered;
(2) the circumstances require the modification or waiver; and
(3) foreign or out-of-state contractors are expected to be involved in the procurement.
(b) The Board may not modify or waive the following requirements:
(1) § 14-404 of this article (“Coal in heating systems”);
(2) Title 16, Subtitle 2 of this article (“Offenses Subject to Debarment”); and
(3) Title 17 of this article (“Special Provisions -- State and Local Subdivisions”).