This Fiscal Note is not an official copy and should not be quoted or cited.
This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0621 - Authorizes multiple contracts for certain state projects
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO. 2876-01
BILL NO. SB 621
SUBJECT: Contracts
TYPE: Original
DATE: January 5, 1998
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS Net Effect on All State Funds
FUND AFFECTED
FY 1999
FY 2000
FY 2001 None
Total Estimated
$0
$0
$0
|
ESTIMATED NET EFFECT ON FEDERAL FUNDS | |||
| FUND AFFECTED | FY 1999 | FY 2000 | FY 2001 |
| None | |||
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
|
ESTIMATED NET EFFECT ON LOCAL FUNDS | |||
| FUND AFFECTED | FY 1999 | FY 2000 | FY 2001 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
FISCAL ANALYSIS
ASSUMPTION
Officials of the Office of Administration (OA) assume this proposal would not fiscally impact their agency. Oversight assumes that dividing projects into multiple parts and allowing smaller contracts may affect the total cost of the project. However, Oversight also assumes that OA would examine the costs under both methods of contracting to determine the most efficient method.
| FISCAL IMPACT - State Government | FY 1999 | FY 2000 | FY 2001 |
| (10 Mo.) | |||
| 0 | 0 | 0 | |
| FISCAL IMPACT - Local Government | FY 1999 | FY 2000 | FY 2001 |
| (10 Mo.) | |||
| 0 | 0 | 0 | |
FISCAL IMPACT - Small Business
This proposal may affect small businesses as it may increase the number of businesses capable of bidding on smaller contracts.
DESCRIPTION
This proposal allows the Office of Administration to divide projects into multiple parts and to separately contract each part if the Director determines that multiple contracts are necessary given the comparable costs, the time constraints, and the type of work involved. The Director's determination must be in writing and incorporated in the contract file.
This legislation is not federally mandated, would not duplicate any other program, and would not require additional capital improvements or rental space.
SOURCES OF INFORMATION
Office of Administration
Jeanne Jarrett, CPA
Director
January 5, 1998