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Bill Detail: HB20-1116

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Title Procurement Technical Assistance Program Extension
Status Introduced In Senate - Assigned to Business, Labor, & Technology (03/03/2020)
Bill Subjects
  • State Government
House Sponsors D. Esgar (D)
T. Sullivan (D)
Senate Sponsors N. Todd (D)
R. Gardner (R)
House Committee Business Affairs and Labor
Senate Committee Business, Labor and Technology
Date Introduced 01/15/2020
Description

The office of economic development (office) currently contracts
with a nonprofit entity that was designated by the federal defense logistics
agency to provide procurement technical assistance statewide (nonprofit
entity). The nonprofit entity helps small businesses in the state obtain and
perform government contracts at the local, state, and federal level. This
includes small businesses owned by women, minorities, and veterans.

The current 6-year contract between the office and the nonprofit
entity will expire in September 2020. The bill authorizes the office to
renew the contract for up to 5 years.
As part of the state's investment in the procurement technical
assistance program (state's investment), current law specifies that the
general assembly shall not contribute more than $200,000 from the
general fund or any other source. The bill allows the general assembly to
increase its contribution to the state's investment in any contract year so
long as the nonprofit entity contributes a 100% match to the increased
amount in the same contract year by soliciting gifts, grants, and donations.
In addition, the nonprofit entity is required to obtain $200,000 in gifts,
grants, or donations annually for part of the state's investment. In the 3rd
through 6th contract year of the original contract, current law requires that
at least 25% of the $200,000 be in the form of cash. The bill extends this
requirement for each year of the renewed contract.
Current law also requires the state treasurer to annually transfer
$220,000 from the general fund to the procurement technical assistance
cash fund through the 2019-20 fiscal year. The bill extends the annual
transfer through the 2024-25 fiscal year.

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