FISCAL NOTE
Date Requested: January 14, 2016
Time Requested: 10:56 AM |
| Agency: |
Technology, Office of |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1098 |
Introduced |
SB95 |
|
|---|
| CBD Subject: |
Finance and Administration |
|---|
|
FUND(S):
2220
Sources of Revenue:
Special Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This fiscal note will require an increase in project management oversight, utilizing a mid to senior level project manager, to produce quarterly performance reports on all technology projects over $500,000.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2016
Increase/Decrease
(use"-") |
2017
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
55,000 |
160,000 |
160,000 |
| Personal Services |
55,000 |
160,000 |
160,000 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
55,000 |
160,000 |
160,000 |
Explanation of above estimates (including long-range effect):
It is estimated that the quarterly project performance reports will take 1200 hours per year to complete at a cost of $85 per hour, with the cost being approximately $100,000. The total number of hours is based on an estimated 35 projects per year requiring these reports. In addition, we require approximately 600 hours per year for post audit reviews at a rate of $95 per hour with an approximate cost of $60,000 per year. The total fiscal impact of this bill would be approximately $160,000. This assumes that the vendor contract obligates the vendor to maintain proper documentation and project artifacts to a consistent standard such as Project Management Body of Knowledge "PMBOK" or standards deemed appropriate by the steering committee.
Memorandum
The fiscal impact associated with this bill would affect any agency performing major information technology projects over $500,00, requiring the Office of Technology to provide the legislative auditors quarterly project performance reports. The Office of Technology operates as a bill for services agency, therefore these costs would be billed back to the agency executing the projects at the appropriate rate.
Person submitting Fiscal Note: Justin T. McAllister
Email Address: justin.t.mcallister@wv.gov