The bill, Substitute House Bill No. 7244, proposes technical changes to existing statutes concerning state contracting, specifically amending sections 4-250 and 4b-24b of the general statutes. The first significant change is the clarification of the definition of "Large state contract," which is defined as agreements exceeding $500,000 in value for various services and projects, including construction and procurement. The term "large state contract" is retained, while the previous wording is deleted. Additionally, the bill specifies that contracts for projects estimated to exceed $500,000 cannot be awarded to individuals or entities that are not prequalified, as per the provisions of section 4a-100.

In the second section, the bill outlines the commissioner’s authority to designate projects on a total cost basis and enter into contracts with private developers for various state facility projects. It emphasizes the need for competitive proposals and the requirement for prior approval from the State Properties Review Board before entering into contracts. The effective date for these changes is set for October 1, 2025, and the bill is expected to have no fiscal impact on the state or municipalities.