Michigan HB5663 sets time and cost limits for state IT projects and mandates reporting on system-related contracts.

Michigan HB5663 amends state law to establish a maximum time period and cost limit for information technology projects. The bill mandates that IT projects must not exceed 36 months and $10,000,000.00. It also requires the Department of Technology, Management, and Budget to establish a process for accounting and monitoring project costs for IT projects exceeding $250,000.00. This process must include identification and monitoring of cost overruns, change orders, and accounting for projects that exceed one year.

Michigan HB5663 sets time and cost limits for state IT projects and mandates reporting on system-related contracts.

Michigan HB5663 amends state law to establish a maximum time period and cost limit for information technology projects. The bill mandates that IT projects must not exceed 36 months and $10,000,000.00. It also requires the Department of Technology, Management, and Budget to establish a process for accounting and monitoring project costs for IT projects exceeding $250,000.00. This process must include identification and monitoring of cost overruns, change orders, and accounting for projects that exceed one year.