Provides greater accountability in how contracts are procured by the state

Summary

The bill limits sole‑source purchases to emergencies or unusual situations, requires documentation of the justification and allows performance bonds at the agency’s discretion. It also forces state agencies to report each year how many single‑source contracts they award, their dollar value and what share they represent of total contracts. The goal is to make state procurement more transparent and accountable.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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