1. (1) The department of transportation shall annually identify in a report to the transportation commission and to the transportation legislation review committee of the general assembly each highway maintenance project for the reporting year that costs more than one hundred fifty thousand dollars but not more than the project cost cap of three hundred thousand dollars, annually adjusted for inflation, described in section 24-92-109 (1)(b), and that meets one or more of the following conditions:

   1. (a) The department is completing the project using its own employees;
   2. (b) The department awarded the project by invitation for bids pursuant to section 24-92-103 or by competitive sealed best value bidding pursuant to section 24-92-103.5; or
   3. (c) The department solicited but did not receive bids for the project pursuant to section 24-92-103 or 24-92-103.5.
   4. (1.5) The annual report required in subsection (1) of this section must also identify any program efficiencies or additional funding accountability achieved by the department of transportation as a result of increasing the project cost cap.
2. (2) Notwithstanding the requirement in section 24-1-136 (11)(a)(I), the requirement to submit the report required in subsection (1) of this section continues indefinitely.

Source: L. 2021: Entire section added, (HB 21-1056), ch. 181, p. 978, § 3, effective September 7. L. 2024: (1) amended and (1.5) added, (HB 24-1143), ch. 114, p. 370, § 3, effective August 7.