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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 608 |
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An
Act to Support Domestic Businesses in Publicly Funded Construction
Projects |
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LR 1599(01) |
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Fiscal Note for Original Bill |
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Sponsor: Sen. Rotundo of Androscoggin |
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Committee: State and Local Government |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Projections |
Projections |
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2003-04 |
2004-05 |
2005-06 |
2006-07 |
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Net Cost
(Savings): |
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General Fund |
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$1,466,995 |
$1,470,084 |
$1,506,836
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$1,544,507
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Appropriations/Allocations |
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General Fund |
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$1,466,995 |
$1,470,084 |
$1,506,836
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$1,544,507
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Fiscal Detail
and Notes |
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To give
preferential treatment to domestic suppliers whose bids are within 15% of a
bid of a foreign supplier will result in increased costs to the Department of
Administrative and Financial Service's public improvement construction
projects of approximately $1.4 million annually. This estimate is based on the proposed preferential treatment
providing at least a 5% increase to last years total construction project
expenditures of $28 million. In
addition, it is anticipated that this bill will also require an Engineer
position at a total cost of $60,693 in fiscal year 2003-04 and $63,782 in
fiscal year 2004-05 to handle the additional responsibilities resulting from
this bill. |
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