AN ACT relating to state procurement.
Amend KRS 45A.100, relating to small purchases by state governmental bodies, to increase the small purchase annual limit for any state governmental body to $7,500 from $1,000; increase the small purchase construction project annual limit to $50,000 from $10,000; require the Finance and Administration Cabinet to make recommendations on revisions to the maximum small purchase amounts to the General Assembly.
CONTRACTS
State Agencies
Public Procurement
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