FISCAL NOTE
Date Requested: February 12, 2025
Time Requested: 08:17 PM |
| Agency: |
Purchasing Division |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1607 |
Introduced |
HB2145 |
|
|---|
| CBD Subject: |
Finance and Administration |
|---|
|
FUND(S):
Vendor Registration Fund
Sources of Revenue:
Special Fund
Legislation creates:
Decreases Existing Revenue
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill proposes to remove the authority of the director of the Purchasing Division to establish an annual fee required by vendors doing business with the state. Currently, that fee is set at $125 but only vendors awarded a contract must pay the fee; there is no fee to submit a bid. A vendor account is required in wvOASIS for contracts to be issued.
During Fiscal Year 2024, vendors paid for 3,743 registrations, generating a total of
$467,840.00 for the Purchasing Division. The special fund is used to pay for salaries, rent, etc.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2025
Increase/Decrease
(use"-") |
2026
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
-442,982 |
-442,982 |
-885,965 |
| 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):
The amount shown above shows the approximate loss in revenue per year that would
result from the passage of this bill.
Memorandum
Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.
Person submitting Fiscal Note: Samantha Willis
Email Address: Samantha.L.Willis@wv.gov