OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sSB-1183
AN ACT CONCERNING STATE CONSTRUCTION RELATED
THRESHOLDS.
Primary Analyst: WL 4/17/23
Contributing Analyst(s):
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 24 $ FY 25 $
Admin. Serv., Dept. GF - Savings Potential Potential
Note: GF=General Fund
Municipal Impact: None
Explanation
The bill would result in potential savings to the state to the extent
additional construction projects are able to leverage the on-call process
and start earlier. For past projects, earlier start times have resulted in
savings of 2% of the project costs or more.
The Out Years
The annualized ongoing fiscal impact identified above would
continue into the future subject to inflation.