PUBLIC CONTRACTS: Increases budget cost minimums for professional services contract exemptions. (gov sig) (EN NO IMPACT See Note)

Summary

The bill increases the minimum budget amount at which professional‑services contracts are exempt from certain public‑contract rules. It also requires that when a state agency enters more than one exempt professional‑services contract in a fiscal year, at least half must be awarded to separate, unaffiliated firms. The changes are intended to broaden competition and improve oversight of state spending.

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