HI HB2529

Exempts expenditures of less than $100,000 from the Hawaii public procurement code when using funds from the Hawaiian home operating fund, Hawaiian home receipts fund, Hawaiian home trust fund, native Hawaiian rehabilitation fund, and Hawaiian home administration account

Requires the Department of Hawaiian Home Lands to submit an annual report to the Legislature detailing solicitations for goods, services, and construction, types of procurements used, and awardees

Aims to improve departmental efficiency by allowing streamlined procurement procedures for smaller contracts while maintaining public accountability

Intended to reduce technical barriers and increase access to the procurement process for locally owned businesses