Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by Findlaw Staff
(1) A state agency shall not enter into a new proposed contract for services in excess of fifteen million dollars unless the state agency has conducted, prior to the advertisement for bids or the execution of the contract when section 73-813 applies, a proof-of-need analysis described in this section.
(2) The proof-of-need analysis shall require state agencies to provide a review of any expected long-term actual cost savings and an explanation of the analysis used to determine such savings or a justification for contracting the service if the proposed contract is not expected to result in cost savings to the state.
(3) Upon conclusion of the contract, if the contract was expected to result in long-term actual cost savings, the state agency shall submit an analysis of whether the contract actually produced such cost savings. If the contract did not produce the expected cost savings, the state agency shall receive certification from the division prior to entering into another contract in excess of fifteen million dollars for the same services.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 73. Public Lettings and Contracts § 73-817. New proposed contract for services in excess of fifteen million dollars; proof-of-need analysis; information required; cost savings; analysis - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-73-public-lettings-and-contracts/ne-rev-st-sect-73-817/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)