Legislation
- Title
- State Procurement - Liquidated Damages - Policies and Requirements
- Sponsored by
- Senator Lam
- Status
- Approved by the Governor - Chapter 206
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Requiring the Board of Public Works, in consultation with the Procurement Improvement Council, to publish a model policy on or before January 1, 2024, concerning the inclusion and use of liquidated damages provisions in procurement contracts; requiring a unit of State government to adopt a written policy that is substantially similar to the Board's policy; requiring a unit that decides not to include a liquidated damages clause under certain circumstances to obtain the approval of the head of unit; etc.
Committees
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2023
History
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File Code
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Subjects
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Statutes
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(
11-203, 13-218, 15-113 )
Last Updated: 6/9/2023 3:14 PM