18-4-128: Report to interim committee.

(1) By March 1, June 1, September 1, and December 1 of each year, the department shall provide a written report to the legislative finance committee in accordance with 5-11-210 containing the information listed in subsection (2) related to procurement solicitations and contracts.

(2) The report must include:

(a) for a procurement solicitation for a contract that the department anticipates will cost at least $200,000 over the life of the contract:

(i) the name of each purchasing agency issuing the solicitation;

(ii) what the purchasing agency intends to procure through the solicitation;

(iii) the portion of the purchasing agency's appropriation that it intends to use to pay the vendor;

(iv) the closing date of the solicitation; and

(v) any other information the department finds relevant to the proposal;

(b) for a contract executed with or without a solicitation that is expected to cost $200,000 or more over the life of the contract:

(i) the names of the purchasing agency; and

(ii) the contractor and the date of execution; and

(c) for a contract modification that causes the total value of a contract to exceed $200,000 over the life of the contract:

(i) the names of the purchasing agency; and

(ii) the contractor and the date of execution.

(3) By February 15, May 15, August 15, and November 15 of each year, each governmental body shall submit the information listed in subsection (2) related to procurement solicitations and contracts to the department using the information technology resources specified by the department.