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45A.553 Contracting agency evaluation and report -- Cabinet report.
(1)
(2)
(3)
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.
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.
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.
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