SB 24-196

Senate Bill 24-196, known as the Procurement Source Selection Methods bill, allows state officials in charge of purchasing goods and services to choose the most suitable method for selecting suppliers, even if a different method is already specified by law. This flexibility gives procurement officials the ability to pick the best approach based on factors like time constraints, budget, and market conditions. The bill has been signed into law, meaning that state officials now have this new discretion when making procurement decisions.

Official Summary

Joint Technology Committee. The bill adds a provision to the procurement code that authorizes an applicable procurement official to select the most appropriate source selection method for a state procurement, even if a different source selection method is specified in statute. The new provision specifies that the procurement official has the discretion, if that official determines that the source selection method specified in statute is not the most appropriate source selection method for the procurement, to determine and use a different source selection method in the best interest of the state, given time requirements, financial considerations, and market conditions.(Note: This summary applies to this bill as introduced.)