House Bill 192
Chair's Name: Vance Smith
Committee: Transportation
House Sponsor: Vance Smith
HB 192 raises the cost threshold from $50,000 to $100,000 for contracts that require a bidding process.
The committee substitute received a Do Pass recommendation from the Transportation Committee and comes to the House Floor under the Open Rule.
Chairman Smith�s opinion of this legislation:
WHAT PROBLEM/OPPORTUNITY DOES THIS LEGISLATION ADDRESS?
This bill gives DOT the ability to move quicker on projects that cost $100,000.00 or less without going through the bidding process. This does not affect cities or counties.
WHAT IS THE DRIVING FORCE BEHIND THIS LEGISLATION?
With the rising cost of construction, the $50,000.00 cap needs to be increased to $100,000 in order to accomplish work in a more timely manner.
THIS LEGISLATION:
- Reduces the Tax Burden on our Citizens
Could save dollars in the long run and speed up completion of projects.
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