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2015 SESSION

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HB 2347 Public procurement; enhanced procurement opportunities for small businesses and microbusinesses.

Introduced by: Scott W. Taylor | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Public procurement; enhanced procurement opportunities for small businesses and microbusinesses. Makes several changes to procurement laws to enhance procurement opportunities for small businesses, microbusinesses, women-owned businesses, and minority-owned businesses with state and local public bodies. Changes include (i) adding a definition of microbusiness, (ii) authorizing a locality to establish a microbusiness procurement program, and (iii) authorizing a locality to waive bid, performance, and pay bonding for nontransportation construction projects between $100,000 and $500,000 without having to undertake a prequalification process.


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