Hawaii HB1157 amends capital advancement contract rules for the Department of Transportation.
Hawaii HB1157 changes the rules for capital advancement contracts by allowing the Department of Transportation to execute contracts up to $5,000,000 without legislative approval. Previously, contracts over $2,000,000 required legislative approval. The total value of all contracts in a fiscal year cannot exceed $20,000,000. The department must report on all executed contracts to the legislature annually.
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