REPORT Title:
Small Business
Description:
Requires procurement policy board to adopt rules to provide set-asides to small businesses in appropriate classifications, and to impose mandatory evaluation criteria designed to encourage the use of small businesses as subcontractors on large contracts. (SB668 HD1)
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THE SENATE |
S.B. NO. |
668 |
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TWENTY-THIRD LEGISLATURE, 2005 |
S.D. 1 |
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STATE OF HAWAII |
H.D. 1 |
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A BILL FOR AN ACT
RELATING TO SMALL BUSINESS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Chapter 103D, Hawaii Revised Statutes, is amended by adding a new section to read as follows:
"§103D- Preference for small business; set-asides; use as subcontractors. The procurement policy board shall adopt rules to promote the growth and development of small business, including provisions that:
(1) Provide set-asides to small business in appropriate classifications of requirements susceptible to performance by small business; and
(2) Impose mandatory evaluation criteria designed to encourage the use of small business as subcontractors on large contracts not susceptible to performance by small business."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.