| 121st Maine Legislature | |||||||
| Office of Fiscal and Program Review | |||||||
| LD 608 | |||||||
| An Act to Support Domestic Businesses in Publicly Funded Construction Projects | |||||||
| LR 1599(01) | |||||||
| Fiscal Note for Original Bill | |||||||
| Sponsor: Sen. Rotundo of Androscoggin | |||||||
| Committee: State and Local Government | |||||||
| Fiscal Note Required: Yes | |||||||
| Fiscal Note | |||||||
| Projections | Projections | ||||||
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | ||||
| Net Cost (Savings): | |||||||
| General Fund | $1,466,995 | $1,470,084 | $1,506,836 | $1,544,507 | |||
| Appropriations/Allocations | |||||||
| General Fund | $1,466,995 | $1,470,084 | $1,506,836 | $1,544,507 | |||
| Fiscal Detail and Notes | |||||||
| 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. | |||||||