Amends and adds to existing law regarding the procurement of property by the State of Idaho.

This legislation updates the State Procurement Act. It includes the following changes: Requires agencies to provideestimatedcostsforrequestedproperty, newandreplacement, atthetimeofbudgetsubmissionbasedon a request for quote (RFQ) or request for information (RFI) for any items costing $250,000 or more. Requires agenciestosubmitacompletedraftofarequestforproposal(RFP)foranyrequestedpropertycosting$250,000 or more and requiring a competitive bid. Emergency provisions are provided for budget requests that come in after the budget deadline. Clarification of multiple award contracts to two or more bidders. Addition of an intent to solicit to notify potential bidders. Updates to the overall timeline for solicitations and contract awards. includingbidsinvolvingthirdparties. Coolingoffperiodsforpublicemployeesorelectedofficialswithregards to vendors and state contracts. Disclosure requirement for vendor expenditures.