FISCAL NOTE
Date Requested: February 14, 2023
Time Requested: 12:39 PM |
| Agency: |
Puchasing Division |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3495 |
Amendment |
HB3459 |
|
|---|
| CBD Subject: |
Finance and Administration |
|---|
|
FUND(S):
N/A
Sources of Revenue:
Other Fund This does not affect a WV Purchasing Division fund.
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill proposes to amend W. Va. Code §5A-3-10e. While the proposed change would not have a direct fiscal impact on the Purchasing Division, it could increase costs (both expenses and administrative time) for any agency who chooses to use the best value procurement method among pre-qualified vendors instead of using low bid meeting specifications to evaluate bids. It is not possible to quantify what those costs might be.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2023
Increase/Decrease
(use"-") |
2024
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):
This bill proposes to amend W. Va. Code §5A-3-10e. While the proposed change would not have a direct fiscal impact on the Purchasing Division, it could increase costs (both expenses and administrative time) for any agency who chooses to use the best value procurement method among pre-qualified vendors instead of using low bid meeting specifications to evaluate bids. It is not possible to quantify what those costs might be.
Memorandum
This bill proposes to amend W. Va. Code §5A-3-10e. While the proposed change would not have a direct fiscal impact on the Purchasing Division, it could increase costs (both expenses and administrative time) for any agency who chooses to use the best value procurement method among pre-qualified vendors instead of using low bid meeting specifications to evaluate bids. It is not possible to quantify what those costs might be.
Person submitting Fiscal Note: SAMANTHA KNAPP
Email Address: SAMANTHA.S.KNAPP@WV.GOV