S2144

	2014 -- S 2144
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	LC003234
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	STATE OF RHODE ISLAND
	IN GENERAL ASSEMBLY
	JANUARY SESSION, A.D. 2014
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	A N A C T
	RELATING TO PUBLIC PROPERTY AND WORKS -- STATE PURCHASES

	Introduced By: Senator William A.Walaska
	Date Introduced: January 29, 2014
	Referred To: Senate Finance
	It is enacted by the General Assembly as follows:
1	SECTION 1. Section 37-2-44 of the General Laws in Chapter 37-2 entitled "State
2	Purchases" is hereby amended to read as follows:
3	37-2-44. Cost and pricing principles -- Regulations required. -- The chief purchasing
4	officer shall issue regulations setting forth cost principles which shall be used:
5	(1) As guidelines in the negotiation of:
6	(i) Estimated costs of fixed prices when the absence of open marker competition
7	precludes the use of competitive sealed bidding;
8	(ii) Adjustments for state-directed changes or modifications in contract performances;
9	and
10	(iii) Settlements of contracts which have been terminated.
11	(2) To determine the allowability of incurred costs which shall include the cost of labor
12	and benefits of programs mandated by a worker's compensation insurer to maintain a discounted
13	premium rate modification for the purpose of reimbursing costs under contract provisions which
14	provide for the reimbursement of costs; and
15	(3) As appropriate in any other situation where the determination of the estimated or the
16	incurred costs of performing contracts may be required.

1	SECTION 2. This act shall take effect upon passage.
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	EXPLANATION
	BY THE LEGISLATIVE COUNCIL
	OF
	A N A C T
	RELATING TO PUBLIC PROPERTY AND WORKS -- STATE PURCHASES
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1	This act would amend the law on state purchases so that when the chief purchasing
2	officer determines an allowable cost it would include the cost of labor and benefits of programs
3	mandated by a worker's compensation insurer.
4	This act would take effect upon passage.
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