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Procurement Savings

SECTION 157.   (a) Whenever the secretary of administration and finance determines that procurement reforms or initiatives have resulted in cost savings for an agency of the executive department during fiscal year 2013, the secretary may reduce allotments under section 9B of chapter 29 of the General Laws to reflect some or all of the amounts saved; provided, however, that allotment reductions based upon procurement savings shall not exceed $30,000,000 and that within 15 days of reducing allotments the secretary shall notify the house and senate committees on ways and means in writing.

(b) If, as of October 1, 2012, the secretary of administration and finance determines that allotment reductions related to procurement reforms or initiatives in fiscal year 2013 will be insufficient to generate $30,000,000, the secretary may submit to the chairs of the house and senate committees on ways and means a cost saving plan to reduce allotments under said section 9B of said chapter 29; provided, however, that no allotment reductions shall be made under this subsection prior to the submission of a cost savings plan.

(c) The total amount of allotment reductions under this section shall not exceed $30,000,000 in fiscal year 2013.