45A.553 Contracting agency evaluation and report -- Cabinet report.
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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 <br>agency shall annually evaluate the performance of the contract and report its <br>findings to the Governor, the Auditor of Public Accounts, and the Legislative <br>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 <br>thousand dollars ($500,000) annually. The review shall include but not be limited to <br>determining whether the contractor is complying with all applicable statutory <br>requirements and the provisions of the contract. The performance evaluation shall <br>be forwarded to the Auditor of Public Accounts and the Legislative Research <br>Commission. The evaluation shall be subject to review by the Auditor of Public <br>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 <br>identified by this section to the Legislative Research Commission on an annual <br>basis.
Effective: April 5, 2010 <br>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.
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