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An Act To Quantitatively Evaluate State Contracts
 
CONCEPT DRAFT SUMMARY
This bill is a concept draft pursuant to Joint Rule 208.
This bill proposes to create a process to quantitatively evaluate competitive bids for state contracts in terms of the total economic value to the State. The process established by this bill would apply to state service contracts expected to exceed $100,000 in total value and would include scoring criteria that evaluate the economic impact of the proposer's bid on the state economy and state revenues. In evaluating economic impact, the process would use economic multipliers to measure the impact of the use of raw materials from in-state sources, the employment of state residents and the use of in-state vendors, consultants and subcontractors. The process established by the bill will be consistent with the terms of Executive Order 2012-004, An Order Directing Certain Evaluation Criteria in Competitive Bidding.