Bill > SB70

This bill modifies the Small Business Procurement and Contract Act to increase the maximum estimated contract value that state agencies and the California State University (CSU) can award to certified small businesses, microbusinesses, and disabled veteran business enterprises from $250,000 to $350,000. Under the new provisions, these entities can award contracts for goods, services, or information technology within this price range without going through standard competitive bidding processes, provided they obtain price quotations from at least two qualified businesses. Starting January 1, 2028, and biennially thereafter, the Director of General Services will be required to review the maximum contract value and can adjust it to reflect changes in the California Consumer Price Index. This change aims to provide more opportunities for small and disabled veteran-owned businesses to secure state contracts by simplifying the procurement process and increasing the potential contract value. The bill applies to both state agencies and the California State University system, ensuring a consistent approach to supporting small business participation in public contracting.

Budget and Finance, Business and Industry, Government Affairs

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB70