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MI SB1026
Bill
AI Summary
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Amends Section 241 of the Management and Budget Act to require that bidding procedures for state construction, repair, remodeling, and demolition contracts include compliance with the Iran Economic Sanctions Act.
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Requires the department to issue directives prescribing procedures for competitive solicitation in awarding construction contracts for state facilities.
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Provides a preference of up to 10% of contract value to qualified disabled veterans as defined in the act, with the lowest bidding qualified disabled veteran receiving the contract if multiple veterans tie for lowest bid.
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Takes effect only upon enactment of Senate Bill No. 1024 of the 96th Legislature.
Legislative Description
State financing and management; purchasing; engaging in contracts for construction with companies that have business activities in Iran; prohibit. Amends sec. 241 of 1984 PA 431 (MCL 18.1241). TIE BAR WITH: SB 1024'12
State financing and management, purchasing
Last Action
Referred To Committee On Banking And Financial Institutions
3/20/2012