SB 504 (Perry) and HB 279 (Smith, D.) require the local government and other specified entities, in deciding whether it is in the public’s best interest for the local government to perform a public building construction project using its own services, to consider the estimated costs of the project using generally accepted cost-accounting principles. This requirement includes all costs associated with performing and completing the work, including employee compensation and benefits and other determining factors.

The bills also require a local government that performs a public building construction project using its own services to disclose the actual costs of the project after completion to the auditor general. (Branch)