California SB70 allows the California State University to award contracts to small businesses and disabled veteran enterprises, with adjustments for.
California SB70 modifies the Government Code to enable the California State University to award contracts for goods, services, or information technology to certified small businesses, including microbusinesses, and disabled veteran business enterprises. The bill sets a maximum contract value of $350,000, with adjustments for inflation starting in 2026 and every two years thereafter. It also requires state agencies to obtain at least two price quotations from certified small businesses or disabled veteran enterprises if the contract value exceeds $5,000.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.