Bill Text: HI HB1054 | 2022 | Regular Session | Amended
Bill Title: Relating To Procurement.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-12-10 - Carried over to 2022 Regular Session. [HB1054 Detail]
Download: Hawaii-2022-HB1054-Amended.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
1054 |
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THIRTY-FIRST LEGISLATURE, 2021 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO PROCUREMENT.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 103D-709, Hawaii Revised Statutes, is amended by amending subsection (e) to read as follows:
"(e) The party initiating a proceeding falling within subsection (d) shall pay to the department of commerce and consumer affairs a cash or protest bond in the amount of:
[(1) $1,000 for a contract with an estimated value of
less than $500,000;
(2)] (1) [$2,000 for a contract with an estimated value
of $500,000 or more, but] One per cent of the estimated value of the
contract if the estimated value of the contract is less than $1,000,000; or
[(3)] (2) [One-half] Two per cent of the
estimated value of the contract if the estimated value of the contract is
$1,000,000 or more[; provided that in no event shall the required amount of
the cash or protest bond be more than $10,000].
If the initiating party prevails in the administrative proceeding, the cash or protest bond shall be returned to that party. If the initiating party does not prevail in the administrative proceeding, the cash or protest bond shall be deposited into the general fund."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2112.
Report Title:
Procurement; Administrative Proceedings; Cash or Protest Bond
Description:
Amends the cash or protest bond amount for a party initiating an administrative proceeding for review under the Hawaii public procurement code. Effective 7/1/2112. (HD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
