Kentucky HB505 mandates biennial audits of the Department of Highways' contract procurement systems to detect bid rigging and other anti-competitive.
Kentucky HB505 establishes a requirement for the Auditor of Public Accounts to conduct biennial audits of the Department of Highways' contract procurement systems, starting in fiscal year 2026-2027. These audits will include statistical analysis to detect bid rigging, tacit collusion, market allocation, and other anti-competitive practices. The Department of Highways must reimburse the Auditor for the audit costs, including any contracted professional services.
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