Hawaii HB723 amends procurement laws to prioritize local vendors and allow contract splitting.

Hawaii HB723 amends the Hawaii public procurement code to prioritize purchasing from local vendors, defined as businesses headquartered in Hawaii and employing Hawaii residents. The bill allows state agencies to split contracts into smaller parcels to allow multiple local vendors to bid and secure portions of state procurement contracts. It mandates a fifteen percent preference for bids submitted by local vendors and requires annual reports from state agencies detailing local procurement percentages, challenges, and recommendations.

Hawaii HB723 amends procurement laws to prioritize local vendors and allow contract splitting.

Hawaii HB723 amends the Hawaii public procurement code to prioritize purchasing from local vendors, defined as businesses headquartered in Hawaii and employing Hawaii residents. The bill allows state agencies to split contracts into smaller parcels to allow multiple local vendors to bid and secure portions of state procurement contracts. It mandates a fifteen percent preference for bids submitted by local vendors and requires annual reports from state agencies detailing local procurement percentages, challenges, and recommendations.