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SB462 SD1    Pdf File  
Measure Title: RELATING TO PROCUREMENT CONTRACTS.
Report Title: Procurement; Contract; Performance Incentive Contracts
Description: Requires all performance incentive contracts to specify a pricing basis, performance goals, and a formula in calculating the contractor's profit, fees, or price decrease if the specified performance goals are exceeded or not met. Effective 1/1/2525. (SD1)
Companion:
Package: None
Current Referral: GVO, WAM
Introducer(s): AQUINO, CHANG, FEVELLA, GABBARD, HASHIMOTO, Richards
Act:

Sort by Date Status Text
2/10/2025SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/10/2025SReported from GVO (Stand. Com. Rep. No. 190) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
1/30/2025SThe committee(s) on GVO recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in GVO were as follows: 4 Aye(s): Senator(s) McKelvey, Gabbard, Moriwaki, San Buenaventura; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
1/28/2025SThe committee(s) on GVO deferred the measure until 01-30-25 3:01PM; Conference Room 225.
1/24/2025SThe committee(s) on GVO has scheduled a public hearing on 01-28-25 3:00PM; Conference Room 225 & Videoconference.
1/21/2025SReferred to GVO, WAM.
1/16/2025SPassed First Reading.
1/16/2025SIntroduced.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB462 SD1
All Versions of this Measure

Committee Reports


Hearing Notices
GVO
1/28/25 3:00P
CR 225 & Videoconference
GVO
1/30/25 3:01P
CR 225