Adopted

COMMITTEE AMENDMENT NO 1 PROPOSED TO

House Bill No. 1070

BY: Committee

     AMEND on page 6 by deleting lines 186 through 193 in their entirety and inserting the following:

               "(iii)  * * * Project negotiations authority.  If the lowest and best bid is not more than ten percent (10%) above the amount of funds allocated for a * * * project, then the agency or governing authority shall be permitted to negotiate with the lowest bidder in order to enter into a contract for an amount not to exceed the funds allocated.  If the lowest and best bid is more than ten percent (10%) above the amount of funds allocated for a project, then the agency or governing authority shall be permitted to negotiate with the lowest bidder in order to enter into a contract for an amount not to exceed the funds allocated, after obtaining approval from the Executive Director of the Department of Finance and Administration."