SB 528
Amends the requirements for state purchasing
Sponsor:
LR Number:
2101S.01I
Last Action:
2/21/2007 - Second Read and Referred S Financial & Governmental Organizations and Elections Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2007

Current Bill Summary

SB 528 – Currently, state purchases in excess of $3,000 must be based on competitive bids. This act raises that amount to $10,000. Currently, the Commissioner of Administration must adhere to certain advertising and bid requirements for purchases over $25,000. This act raises that amount to $100,000.

Currently, supplies can be procured by competitive proposals when competitive bidding is not advantageous or practicable when the price of the purchase exceeds $5,000. This act raises that amount to $10,000. The commissioner must adhere to certain advertising and bid requirements for these types of purchases over $25,000. This act raises that amount to $100,000.

The act authorizes the Commissioner of Administration to authorize the use of reverse auction procurement. This process allows unidentified bidders to electronically bid for contracts in an auction format.

The commissioner must make a written determination under current law, when there is only one feasible source for the purchase of supplies. This act adds categories for which a written determination is not required.

Under current law, the commissioner must provide notice of a single feasible source purchase exceeding $5,000. This act raises that amount to $10,000. Similarly, when these expenditures exceed $25,000, the commissioner must comply with certain advertising requirements. This act raises that amount to $100,000.

CHRIS HOGERTY

Amendments