08 LC
35 0752
Senate
Bill 419
By:
Senator Thompson of the 5th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 50-5-56 of the Official Code of Georgia Annotated, relating
to the establishment of standard contract specifications for state contracts by
the Department of Administrative Services, so as to provide for certain contract
specifications; to provide for interest payments where payments are owed and
past due; to provide for related matters; to provide an effective date; to
repeal conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Code
Section 50-5-56 of the Official Code of Georgia Annotated, relating to the
establishment of standard contract specifications for state contracts by the
Department of Administrative Services, is revised as follows:
"50-5-56.
(a)
It shall be the duty of the Department of Administrative Services to formulate,
adopt, establish, and modify standard specifications applying to state
contracts. In the formulation, adoption, and modification of any standard
specifications, the Department of Administrative Services shall seek the advice,
assistance, and cooperation of any state department, institution, or agency to
ascertain its precise requirements in any given commodity. Each specification
adopted for any commodity shall insofar as possible satisfy the requirements of
a majority of the state departments, institutions, or agencies which use the
same in common. After its adoption each standard specification shall until
revised or rescinded apply alike in terms and effect to every state purchase of
the commodity described in such specifications. In the preparation of any
standard specifications, the Department of Administrative Services shall have
power to make use of any state laboratory for chemical and physical tests in the
determination of quality.
(b)
A standard specification in every state contract shall include a provision
requiring a state agency to pay interest, in an amount not to exceed 5 percent
per annum, on any past due amount owed by a state agency, where such amount is
more than 90 days past due. Interest payments shall be made in the same manner
as principal amounts owed."
SECTION
2.
This
Act shall become effective on July 1, 2008.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.