Committee: Governmental Affairs | Sponsor: Singleton |
Analyst: Vee Mosely | Date: 03/04/2021 |
FISCAL NOTE
Senate Bill 260 as introduced increases the minimum threshold for contracts requiring competitive bidding from $15,000 to $25,000 which could reduce the administrative obligations of the awarding authority by an undetermined amount dependent upon the number of and the amount of contracts no longer requiring a competitive bid. In addition, this bill allows an awarding authority located in multiple counties to establish a local preference zone in the municipality in which the awarding authority is located.
Jimmy Holley, Chairperson Governmental Affairs |