45A.553 Contracting agency evaluation and report -- Cabinet report. - Kentucky Statutes

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Page 1 of 1 45A.553 Contracting agency evaluation and report -- Cabinet report. (1) After approval of a privatization contract by the Finance and Administration Cabinet and issuance and execution of the privatization contract, the contracting
agency shall annually evaluate the performance of the contract and report its
findings to the Governor, the Auditor of Public Accounts, and the Legislative
Research Commission. (2) The state agency entering into the contract shall provide for an evaluation of the performance of any privatization contract awarded in excess of five hundred
thousand dollars ($500,000) annually. The review shall include but not be limited to
determining whether the contractor is complying with all applicable statutory
requirements and the provisions of the contract. The performance evaluation shall
be forwarded to the Auditor of Public Accounts and the Legislative Research
Commission. The evaluation shall be subject to review by the Auditor of Public
Accounts, who shall report any findings to the Legislative Research Commission. (3) The secretary of the Finance and Administration Cabinet shall report the number of individuals working the equivalent of full-time hours under contracts or agreements
identified by this section to the Legislative Research Commission on an annual
basis. Effective: April 5, 2010
History: Amended 2010 Ky. Acts ch. 55, sec. 2, effective April 5, 2010. -- Created 1998 Ky. Acts ch. 492, sec. 4, effective July 15, 1998.