OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa sSB-473 AN ACT CONCERNING THE STATE CONTRACTING STANDARDS BOARD. As Amended by Senate "A" (LCO 5857) House Calendar No.: 531 Senate Calendar No.: 339 Primary Analyst: LG 4/30/22 Contributing Analyst(s): OFA Fiscal Note State Impact: Agency Affected Fund-Effect FY 23 $ FY 24 $ Various State Agencies Various - Potential Cost See Below See Below Note: Various=Various Municipal Impact: None Explanation This bill requires the Office of Policy and Management (OPM) to include estimated expenditure requirements from the State Contracting Standards Board (SCSB) in proposed budget documents and prohibits the governor from reducing SCSB's allotment requisition or allotments in force. This is not anticipated to result in a fiscal impact. Privatization laws are expanded under this bill to include an analysis or a proposed contract's potential impact on workers of color or workers who are women. Various state agencies may incur a cost to the extent they require additional staff to conduct this analysis. This bill makes other various changes to the SCSB's authority which is not anticipated to result in a fiscal impact. Senate "A" strikes the original bill and its associated fiscal impact, thus becoming the bill with the above referenced fiscal impact. 2022SB-00473-R01-FN.DOCX Page 2 of 2 The Out Years The annualized ongoing fiscal impact identified above would continue into the future subject to inflation. The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely for the purposes of information, summarization and explanation and does not represent the intent of the General Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of informational sources, including the analyst’s professional knowledge. Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.