BILL NUMBER: AB 463INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Logue FEBRUARY 19, 2013 An act to add Section 185036.2 to the Public Utilities Code, relating to high-speed rail. LEGISLATIVE COUNSEL'S DIGEST AB 463, as introduced, Logue. High-Speed Rail Authority: contracts. Existing law, the California High-Speed Rail Act, creates the High-Speed Rail Authority to develop and implement a high-speed rail system in the state, with specified powers and duties, including the power to enter into contracts, as specified. This bill would require the authority to provide, to the appropriate policy and fiscal committees of the Legislature, a copy of each contract entered into by the authority if the dollar value of the goods or services to be provided or performed under the contract is $25,000 or more, as well as a copy of each contract amendment and contract change order agreed to by the authority for $25,000 or more. The bill would also require each contractor and subcontractor, as specified, to provide this information. Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 185036.2 is added to the Public Utilities Code, to read: 185036.2. (a) The authority shall provide, to the appropriate policy and fiscal committees of the Legislature, a copy of each contract entered into by the authority if the dollar value of the goods or services to be provided or performed under the contract is twenty-five thousand dollars ($25,000) or more, as well as a copy of each contract amendment and contract change order agreed to by the authority for twenty-five thousand dollars ($25,000) or more. (b) Each contractor of the authority, and each subcontractor under a contractor, shall also provide, to the appropriate policy and fiscal committees of the Legislature, a copy of each contract, contract amendment, and contract change order that is subject to subdivision (a), if the contractor or subcontractor is a party to the contract, contract amendment, or contract change order.