The bill amends the Management and Budget Act of 1984 by adding a new section, 261g, which mandates the Department to collaborate with a state agency to secure independent verification and validation services for any information technology project with a contract value exceeding $10 million. The bill emphasizes that the cost of these independent services should not surpass 5% of the total contract value, ensuring fiscal responsibility in the management of large IT projects.

Additionally, the bill requires the independent vendor to provide regular reports on the verification and validation process, with a preference for monthly updates, but at least quarterly. These reports must be submitted to various stakeholders, including the department, the relevant state agency, appropriations committees, fiscal agencies, and both house and senate policy offices, as well as the state budget office and each technology vendor involved in the project. This provision aims to enhance transparency and accountability in the execution of significant IT contracts.

Statutes affected:
House Introduced Bill: 18.1101, 18.1594