Tuesday, January 10, 2012

Colorado Considers Bid Preference Bill

Following a growing national trend of providing bid preferences for in-state businesses and workers, Colorado is poised to consider a bid percentage preference law for Colorado firms. Senate Bill 1 will be considered when the Colorado General Assembly convenes on January 11, 2012.

Construction and Service Contracts Affected:  The percentage preference for Colorado firms would vary based on the type of contract and what commitments the bidders make.  Here's a summary of the percentage preferences proposed:


Award Amounts Could Be Higher:  Under the proposed legislation, a Colorado business could be awarded a contract even if their bid price was not the low bid.  If they qualified for enough of a percentage preference, their bid could be deemed to be lower than an out-of-state firm.  The Colorado business would be awarded the project at their actual, higher bid price.

More Information:  
  • Click here to read an article from The Colorado Statesman on December 16, 2011.
Mike Purdy's Public Contracting Blog 
© 2012 by Michael E. Purdy Associates, LLC 
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