Bill > H2858

This bill aims to increase transparency in how private utility companies, specifically gas or distribution companies, award construction contracts valued at $100,000 or more for work on public ways. It requires these companies to notify unsuccessful but qualified bidders (referred to as "responsible bidders") in writing within two business days of their decision, detailing the criteria used for awarding the contract and the score the unsuccessful bidder received. Additionally, the winning bid must be posted online, including the contractor's name, the winning amount, and the project location. However, these transparency requirements do not apply if only one bid is received, and companies can withhold information if its disclosure would hinder law enforcement, harm the public interest, prejudice a bidder's commercial interests, or interfere with competition. The state department responsible for utilities will enforce these new rules and can issue regulations to ensure fair procurement practices.