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Rhode Island General Laws Title 42. State Affairs and Government § 42-148-4. Cost comparison

Current as of January 01, 2024 | Updated by Findlaw Staff

The director of administration shall analyze all vendor bids as compared to current delivery of service costs or an in-house bid, whichever is lower, according to the following:

(1) Any cost comparison must include an analysis of:

(i) Comparative benefits for employees to meet the requirements of the statement of work and performance standards;

(ii) All transition costs as defined in § 42-148-2(7);

(iii) Any conversion costs as defined in § 42-148-2(1); and

(iv) Areas where the bidder's costs appear artificially low, thereby putting the state at risk for further cost overruns.

(2) In the event that the state will incur new program costs related to the statement of work and performance standards, such costs shall be included in the cost comparison.

(3) All cost comparisons must include an analysis of whether the cost savings will result in meeting the performance and qualitative measures set out in the statement of work and performance standards.

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Cite this article: FindLaw.com - Rhode Island General Laws Title 42. State Affairs and Government § 42-148-4. Cost comparison - last updated January 01, 2024 | https://codes.findlaw.com/ri/title-42-state-affairs-and-government/ri-gen-laws-sect-42-148-4/

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