HI SB687

Requires final administrative decisions on procurement protests to be issued within 30 days of receiving a hearing request

Requires judicial decisions on procurement review applications to be issued within 30 days of filing

Administrative bodies or courts lose jurisdiction if the 30-day deadline is not met, and procurement awards cannot be disturbed

Dismisses protests based on inadvertent bid errors of less than one percent of the protester's bid amount

Requires a cash or protest bond equal to one percent of estimated contract value (for contracts $1,000,000 or more) for administrative review of protests involving matters at least ten percent of total contract value; bond is forfeited if the initiating party does not prevail