Honorable David Swinford, Chair, House Committee on Government Reform
John Keel, Director, Legislative Budget Board
HB3242 by Pitts (Relating to the use of the reverse auction procedure by state agencies.), As Introduced
No fiscal implication to the State is anticipated.
The bill would increase usage of the reverse auction procedure for purchases by the Building and Procurement Commission to 10% of the dollar value of goods they purchase during the 2004-05 biennium, 20% of the dollar value of goods they purchase during the 2006-07 biennium and 30% of the dollar value of goods they purchase beginning on September 1, 2007.
Local Government Impact
No fiscal implication to units of local government is anticipated.