H.B. 704 - Procurement Summary

• Transfers the procurement compliance audit unit from the office of the auditor to the state procurement office to strengthen centralized oversight of government contracts.

• Requires the state procurement office to establish and maintain a statewide procurement database containing meaningful contract data accessible to all governmental entities, with non-confidential data available to the public.

• Mandates that all state and county government entities report procurement contract data to the state procurement office in accordance with procedures established by the administrator.

• Expands the state procurement office administrator's duties to include periodic review of procurement practices across all governmental bodies, coordination on procurement policy and innovation, and liaison services to the policy board.

• Appropriates funds for fiscal year 2022-2023 to the state procurement office to establish the database and create necessary positions (specific amount left blank in bill text).