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Legislative record

SB 462STATE · HawaiiIntroduced

RELATING TO PROCUREMENT CONTRACTS.

Requires all performance incentive contracts to specify a pricing basis, performance goals, and a formula in calculating the contractor's profit, fees, or price decrease if the specified performance goals are exceeded or not met. Effective 1/1/2525. (SD1)

Voted 12/8/2025View source

Roll-call record

How representatives voted

4 yea·0 nay·1 other

Docket history

Action history

  1. 12/8/2025Carried over to 2026 Regular Session.
  2. 2/10/2025Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
  3. 2/10/2025Reported from GVO (Stand. Com. Rep. No. 190) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
  4. 1/30/2025The committee(s) on GVO recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in GVO were as follows: 4 Aye(s): Senator(s) McKelvey, Gabbard, Moriwaki, San Buenaventura; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
  5. 1/28/2025The committee(s) on GVO deferred the measure until 01-30-25 3:01PM; Conference Room 225.
  6. 1/24/2025The committee(s) on GVO has scheduled a public hearing on 01-28-25 3:00PM; Conference Room 225 & Videoconference.
  7. 1/21/2025Referred to GVO, WAM.
  8. 1/16/2025Passed First Reading.
  9. 1/16/2025Introduced.