BILL NUMBER: SB 502INTRODUCED BILL TEXT INTRODUCED BY Senator Block FEBRUARY 21, 2013 An act to amend Section 10504.5 of the Public Contract Code, relating to public contracts. LEGISLATIVE COUNSEL'S DIGEST SB 502, as introduced, Block. University of California: bidding requirements. Existing law requires the Regents of the University of California, except as specified, to let any contract for a project to the lowest responsible bidder. Existing law also provides that where the Regents of the University of California are of the view that a project of $100,000 or less does not require the application of all provisions of law relating to competitive bidding by the university, the regents shall solicit bids in writing and award the work to the lowest responsible bidder or reject all bids. This bill would raise the dollar threshold for the cost of a project to $600,000 and require the regents, on a 2-year basis, to adjust that amount upward or downward to reflect the percentage change in the California Construction Index, as provided. 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 10504.5 of the Public Contract Code is amended to read: 10504.5. (a) Where the nature of the work, in the opinion of the regents, is such that the application of all of the provisions of this chapter in connection with that work is not required, and the cost of the project does not exceedonesix hundred thousand dollars($100,000)($600,000) , the regents shall solicit bids in writing and shall award the work to the lowest responsible bidder or reject all bids. (b) On January 1, 2016, and biennially thereafter, the project cost limit shall be adjusted upward or downward by the regents to reflect the percentage change in the annual California Construction Index as used by the Department of General Services. The amount shall be rounded off to the nearest one-thousand-dollar ($1,000) figure.