CS/HB 1409 - State Contracting Summary

• Establishes performance measures and measurable deliverables as required elements in state contracts and federal financial assistance agreements, with Department of Financial Services review effective October 1, 2012.

• Creates contract tracking system requiring state agencies, local governments, school districts, universities, and Florida College System institutions to post contract information within 30 days of execution, with provisions for redacting exempt or confidential information.

• Reassigns procurement policy authority from Department of Management Services to Department of Financial Services effective October 1, 2013, while DMS retains commodity and contractual services procurement duties.

• Requires certification of contract and grant managers for agreements exceeding $287.017 CATEGORY FIVE threshold through a training program administered by Department of Financial Services covering procurement, federal requirements, and contract administration.

• Appropriates $4,067,000 in recurring funds and 36 full-time positions to Chief Financial Officer for expanded contract auditing responsibilities, and schedules complete repeal of chapter 287 for July 30, 2014.