Public buildings and public works; Public Competitive Bidding Act of 1974; quotes; felonies; disclosures; effective date.

Summary

The bill revises the 1974 Public Competitive Bidding Act, changing when bonds and construction contracts must be competitively bid, setting new dollar thresholds, and creating felony penalties for premature disclosure of bid information. It also establishes rules for public trusts, eminent‑domain use, ownership disclosures, and school‑district purchasing systems. The changes aim to increase transparency, protect public funds, and standardize procurement across state and local agencies.

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