STAND. COM. REP. NO.  858

 

Honolulu, Hawaii

                , 2009

 

RE:   H.B. No. 1768

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 1768, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO PROCUREMENT,"

 

begs leave to report as follows:

 

     The purpose of this bill is to clarify the dollar amount at which bid security is required for solicitations of construction contracts awarded under the bid or request for proposals processes.

 

     The State Procurement Office testified in support of this bill.

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1768, H.D. 1, and recommends that it pass Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

____________________________ MARCUS R. OSHIRO, Chair