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

Summary

The bill amends the 1974 Public Competitive Bidding Act to require electronic bid submissions with live video openings, extend the Act to quotes, and create felony offenses for misuse of insider information. It also sets new procedures for school‑district construction contracts between $25,000 and $50,000, mandates use of the lowest responsible qualified vendor for personal‑property purchases over $10,000, and clarifies how public trusts can be created and managed. These changes aim to increase transparency, competition, and accountability in state, county, and municipal projects.

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