BILL NUMBER: AB 1955INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Wilk FEBRUARY 12, 2016 An act to add Section 12102.3 to the Public Contract Code, relating to public contracts. LEGISLATIVE COUNSEL'S DIGEST AB 1955, as introduced, Wilk. State contracts: information technology goods and services: cybersecurity insurance. Existing law authorizes the Department of General Services and the Department of Technology to adopt rules and regulations as are necessary to govern the acquisition and disposal of information technology goods and services. Existing law requires contract awards for all large-scale systems integration projects to be based on the proposal that provides the most value-effective solutions to the state's requirements, as specified, and requires evaluation criteria for the acquisition of information technology goods and services, including systems integration, to provide for the selection of a contractor on an objective basis not limited to cost alone. This bill would require a state agency procuring information technology goods or services to give a preference to vendors that carry cybersecurity insurance. 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 12102.3 is added to the Public Contract Code, to read: 12102.3. (a) A state agency procuring information technology goods or services shall give a preference to vendors that carry cybersecurity insurance. (b) This section shall not be construed to preclude vendors without cybersecurity insurance from submitting bids to the state or being awarded bids by the state for information technology goods or services.