FISCAL NOTE
FUND(S):
0210
Sources of Revenue:
General Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
There should be no fiscal impact to the state with the passage of this bill. The bill implements purchasing reforms that will add transparency and accountability to the process. It authorizes the Secretary of the Department of Administration and the Director of Purchasing to issue cease and desist notices when a spending unit has violated competitive bidding requirements; it provides for alternative methods to purchase certain commodities, including reverse auction and pre-qualification agreements; it imposes penalties on individuals who have knowingly and willingly violated competitive bidding requirements; and requires certain executive department officials to attend annual training on purchasing procedures.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2014 Increase/Decrease (use"-") |
2015 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) |
1. Estmated Total Cost |
0 |
0 |
0 |
Personal Services |
0 |
0 |
0 |
Current Expenses |
0 |
0 |
0 |
Repairs and Alterations |
0 |
0 |
0 |
Assets |
0 |
0 |
0 |
Other |
0 |
0 |
0 |
2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
Memorandum
Person submitting Fiscal Note: Donna Lipscomb Spano
Email Address: donna.m.lipscombspano@wv.gov