FISCAL NOTE

Date Requested: January 15, 2018
Time Requested: 11:56 AM
Agency: Administration, WV Department of
CBD Number: Version: Bill Number: Resolution Number:
1752 Introduced SB283
CBD Subject: Finance and Administration, Governor -- Bills Requested By


FUND(S):

various

Sources of Revenue:

Other Fund various

Legislation creates:





Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


The legislation will most certainly result in efficiencies, and perhaps cost savings to state spending units that make purchases overseen by the Purchasing Division. The Department of Administration expects some increased efficiency in procurement, however cost savings would be hard to quantify for the Department of Administration and it's 15 sub-agencies. The Purchasing Division would have more relevant data on other efficiencies as a result of the legislation.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2018
Increase/Decrease
(use"-")
2019
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 0 0
Personal Services 0 0 0
Current Expenses 0 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 0 0


Explanation of above estimates (including long-range effect):


Cost savings achieved from the legislation cannot be quantified at this time.



Memorandum


The legislation was requested by the Purchasing Division to address inefficiencies expressed by spending units in the procurement process.



    Person submitting Fiscal Note: Jennelle H. Jones
    Email Address: jennelle.h.jones@wv.gov