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Senate Bill 0564

Senate Bill 0564

ARCHIVE (2013)

Latest Information

DIGEST OF SB 564 (Updated April 1, 2013 3:09 pm - DI 84)

Veterans preference on state contracts. Provides that an Indiana veteran owned small business (VOSB) is eligible for the small business set aside procurement policy for state procurements and for procurements by political subdivisions that have adopted the set aside policy. Provides that the 15% price preference for small businesses applies to Indiana VOSBs. Requires the department of administration to adopt rules to increase contracting opportunities for Indiana VOSBs with a goal to procure in each state fiscal year at least 3% of state contracts with Indiana VOSBs. Provides that the Indiana economic development corporation may assist the department of administration: (1) compiling and maintaining a list of Indiana VOSBs; (2) assisting Indiana VOSBs to comply with procedures for bidding on state contracts; (3) helping determine which purchases of supplies or services are consistent with the state's VOSB procurement goal; and (4) simplifying specifications and contract terms to increase opportunities for Indiana VOSB participation in state contracts. Provides for the development of programs to encourage cities, counties, towns, townships, and private businesses to adopt the state's VOSB procurement goal. Requires the department of administration to report on the percentage of state contracts with Indiana VOSBs.
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    Law Enacted
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