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CFO Sink's Contracting Reforms Signed by Governor Crist

5/28/2010

CONTACT: Jayme O’Rourke, (850) 413-2842  

TALLAHASSEE— Florida CFO Alex Sink today commended Governor Crist for signing her contracting reform bill, Senate Bill 2386.  The contract reform and efficiency bill will implement several of CFO Sink’s recommendations to improve the state’s contracting procedures, increase efficiency, and make sure Floridians’ tax dollars are used more wisely. CFO Sink’s recommendations were based on contracting initiatives within her Department of Financial Services and better efficiencies suggested by her Division of Accounting and Auditing.

“These common-sense reforms will provide for more accountability and transparency in state contracting and I am pleased Governor Crist signed these important reforms into law,” said CFO Sink. “Floridians deserve to get the best deal possible for our tax dollars in the most efficient way possible.  That’s no different than how it works in the private sector— these reforms help push our state in a more businesslike direction.”

CFO Sink’s recommendations included in the bill:
• Authorize state agencies to increase the use of electronic payments and receipts to reduce costs and increase efficiency.
• Require all contract managers to attend accountability in state contracting training conducted by the CFO.
• Require that contracts include clear statements of work and deliverables to ensure the state is getting what’s being paid for.
• Authorize the CFO to establish procedures for state agencies to ensure contract services are rendered in accordance with contract provisions prior to invoicing for payment.
• Require an analysis to ensure that non-competitive procurements are reflective of fair market value.
• Require that agreements with grantees of state and federally funded grants include clear statements of work and deliverables.
 
CFO Sink’s Department of Financial Services has already implemented a number of contracting improvements including:
• Increased usage of electronic payments and receipts to reduce costs and increase efficiency.
• Improved statement and scope of work required with detailed deliverables and provider non-performance remedies.
• Improved documentation for increased accountability and contract monitoring and management.
• Additional pre-procurement reviews for contracts of $250,000 or more.
 
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