RELATING TO PROCUREMENT CONTRACTS.

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 2 Compare versions History 9 Sponsors

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)

Chamber: Senate
Introduced: Jan 16, 2025
Last action: Jan 16, 2025 — Introduced.
Session: 2026
Momentum: 64 · High

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Passed First Chamber — base rate 11%, measured from HI's completed sessions
Momentum +3 64/100 from the pace of recorded action
Time since last action -22 633 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.