For a contract awarded without competitive bidding for the acquisition of goods or services in the amount of seventy-five million dollars ($75,000,000) or more, entered into on or after January 1, 2023, the state agency, on or before the contract end date, shall submit to the Joint Legislative Budget Committee information regarding the terms and conditions of a proposed extension or renewal of the contract.

(Added by Stats. 2022, Ch. 543, Sec. 1. (SB 1271) Effective January 1, 2023.)

Terms Used In California Public Contract Code 10295.8

  • Contract: A legal written agreement that becomes binding when signed.
  • Goods: means all types of tangible personal property, including materials, supplies, and equipment. See California Public Contract Code 10290
  Previous section
Next section  
 Article 2 Contents