Legislation

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This entry was published on 2014-09-22
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SECTION 140
Legislative findings and declaration
Economic Development Law (COM) CHAPTER 15, ARTICLE 4-C
§ 140. Legislative findings and declaration. The legislature hereby
finds and declares that it is the policy of the state to conserve and
protect state revenues through the efficient and prudent use of state
funds in state procurement contracts. It further finds that the
operation of an efficient procurement information system is an effective
tool in the economic development of the state. To promote this policy,
it is in the best interest of the state to create a central information
source that will alert businesses to new opportunities to participate in
state procurement activities. To accomplish these public purposes,
public notice of state procurement contracts shall be given by regular
publication of a compilation of the state's needs for goods and
services.