Transcript Highlights:

• We heard that just a few minutes ago around security.
• <01:26:36.080> Um,<01:26:36.600> but few minutes ago around security.
• Um, but few minutes ago around security.
• manner inside its core, which is the most secure and redundant system that a local FI has.
• :59:08.720> redundant which is the most secure and redundant which is the most secure and redundant

Keywords: 1187, senate, all

Transcript Highlights:

• 35.840> markets, practice of law in capital markets, practice of law in capital markets, securities
• funds,<00:04:37.280> trusts,<00:04:37.840> foundations<00:04:38.479> or securities
• funds, trusts, foundations or securities funds, trusts, foundations or endowments.<00:04:40.080>
• <01:37:05.679> for of requesting and analyzing bids for of requesting and analyzing bids for
• An important aspect bidding processes.

Keywords: 1187, senate, all

Transcript Highlights:

• And obviously Sanford was the one who won the bid that time.
• Base bid was slightly higher, and that's why they weren't selected.
• That's what Derek's just checking on: what the bid from Blue Cross Blue Shield was.
• But my question was, you've got the bids.
• Is that how we were to read those bids? So, Chair Warrey... I'm looking at the Sanford.

Bills: SB2160

Keywords: health insurance, public employees, uniform group insurance, retirement, state employees, 908, all

Summary: The committee resumed work on Senate Bill 2160, which would move the Public Employees Retirement System health plan from grandfathered to non-grandfathered status under the Affordable Care Act. PERS officials Rebecca Frickie and Derek Holbein explained that the bill would allow more flexibility in plan design, including higher deductibles, co-pays, and out-of-pocket maximums, while also adding enhanced preventive benefits. They clarified that ACA “essential health benefits” apply to individual and small-group markets, not to PERS as a large employer, and that the bill’s projected cost increases were based on actuarial estimates and prior bid scenarios from Sanford and Blue Cross Blue Shield. Members debated whether the bill would actually save money or simply shift costs to employees. Supporters argued that non-grandfathered status would create more levers to manage medical inflation and could produce net premium savings through plan redesign, citing prior bid comparisons showing potential reductions of 1% to 8% depending on the option. Opponents, including Representative Schauer and North Dakota United president Nick Archelette, questioned how the state would pay for the estimated $25 million to $30 million in added benefits and warned that employees could face higher out-of-pocket costs amid already strained household budgets. Frickie said the legislature would control funding decisions and that current law requiring the state to pay full family premiums could be changed only by statute. The committee also discussed reserve funding, with members noting that a $4.3 million reserve draw in the bill was intended to cover the final months of the biennium and could be modified. After testimony and discussion, Vice Chair Johnson moved a do-pass recommendation and referral to Appropriations. The motion passed 10-3-1, with Representatives Ostlie, Schatz, and Schauer voting no. Representative Gump agreed to carry the bill.

Transcript Highlights:

• Security and compliance.
• I don't want to leave out or underemphasize or forget the security aspect for what this does.
• So there's a lot of efficiencies to be gained by doing this, as well as security. Thank you.
• We discussed risk reduction and security, which I think is very important.
• And at the end of that, bid it out again if there's continued work to be done.

Transcript Highlights:

• Congress passed the Social Security Fairness Act in the last session, ending a similar unjust offset
• for Social Security recipients.
• To take this, to secure this nation, and we deserve to have the VA fully funded, fully staffed. so we
• , then bidding, then building.
• Back on the road, providing security to convoys, dodging roadside bombs, and ducking small arms. fire

Keywords: veteran services, Secretary Collins, healthcare provisions, contract cancellations, transparency, accountability, committee meeting, legislation

Summary: During this committee meeting, various bills were discussed with a specific focus on veteran services and healthcare provisions. Notably, the cancellation of critical contracts under Secretary Collins sparked significant debate, with representatives emphasizing the adverse impact on veteran care. The meeting featured testimonies from veterans and stakeholders who expressed their concerns regarding the potential fallout of these cancellations, demonstrating the urgency of transparency and accountability in management decisions. Discussions also delved into various legislative proposals aimed at improving services for veterans amidst these challenges.

Transcript Highlights:

• The bidding process is in June and kind of the national release is like July, early August.
• And so that gets into this bid that goes in in June.
• So now when the plans are bidding, they're not bidding so low because all those claims that were going
• So now when the plans are bidding, they're not bidding so low because all those claims that were going
• But the market is bidding, right? This is happening across the country.

Summary: The committee received an update from Grant Wallace on the rebid and possible decoupling of the state’s Medicare Advantage retiree coverage. He said the state is exploring splitting medical and pharmacy benefits for post-65 retirees, with UnitedHealthcare as the incumbent vendor, and that preliminary estimates suggested savings of about $100 to $200 per participant per month. He outlined the expected timeline for final CMS rate announcements in April 2026, with contract amendments likely to come before the committee in May or June after review by the EBD Advisory Commission and State Board of Finance. Representatives from Segal Consulting then reviewed the history and current structure of the Medicare Advantage prescription drug plan, explaining that the plan was adopted after a 2021 recommendation and launched in 2023 alongside the existing Med-Sup option. They said the Medicare Advantage option has produced substantial savings, including a lower monthly rate than the Med-Sup plan and about $40 million in savings from initial enrollment, while also restoring pharmacy benefits for some retirees. The presenters then explained recent federal changes under the Inflation Reduction Act, including major changes to Part D funding, the direct subsidy, and risk-score methodology, which they said have made risk adjustment much more important and are driving interest in separating medical and pharmacy contracts. In response to questions from senators, the presenters said the Medicare Advantage plan covers post-65 teacher and state employee retirees, including retirees from state agencies and K-12 public schools. They also explained that the new Part D structure has reduced out-of-pocket costs for members, with a $2,000 annual cap and lower average member spending to reach it, while shifting more cost to the plan. No votes were taken and no formal action was reported; the committee simply received the update and was told to expect further information after the April rate notice. The meeting adjourned with the committee scheduled to return on May 13.

Transcript Highlights:

• So, this expense of the second bid.
• equipment from um the public works bid equipment from um the public works bid law<00:47:00.800><
• I think the legislation is, um, because this kind of exempts from state bid law because the state bid
• saying this is going to be all bid saying this is going to be all bid together<00:47:34.480>
• <00:49:06.400> law bid law because the state bid law bid law because the state bid law requires

Keywords: 1136, house, all

Transcript Highlights:

• Maybe you could just share where it says that they solicit sealed bids and the amendment.
• I'm just curious why the bids could also be made public. Could you repeat that question?
• Bid process is for any projects from a vendor and insurance standpoint, almost all bids are submitted
• And it says all acquisitions shall remain subject to the competitive bidding. I guess.
• or not competitive bidding.

Bills: SB2130, SB2135

Keywords: municipal finance, audit exemption, biennial reporting, local government, transparency, county purchasing, purchase card, government accountability, emergency expenditures, 914, all

Transcript Highlights:

• . >> Um, so as they were bidding out the P3 project and I'm not sure who might answer this.
• <00:02:26.080> as<00:02:26.319> they<00:02:26.560> were<00:02:26.640> bidding
• <00:13:55.279> coming responses from biders and bids coming responses from biders and bids
• the product or the bids. there is no<00:25:42.720> bidding<00:25:43.120> process,<00:25
• <00:25:50.240> process as saying there's no bidding process as saying there's no bidding process

Keywords: November 20, 2025 00:12 Call to Order and Roll Call 00:58 Information Items 06:50 Finance and Administration Cabinet 09:10 KY Infrastructure Authority 21:20 Office of Financial Management 29:14 Meeting Recessed 44:58 Reconvened 45:07 Approval of Minutes 46:35 Next Meeting Date 47:05 Adjournment, 958, all

Summary: The committee met without a quorum for much of the meeting, so several agenda items were initially heard only for information. Early updates included six informational reports, such as an Auditor of Public Accounts compliance examination with no findings, university equipment and allocation reports, school district bond issuances, Western Kentucky University’s planned public-private partnership housing redevelopment, and quarterly Kentucky Communications Network Authority reports. Members then questioned WKU officials about the P3 housing project, including the number of RFQ responses, property tax responsibility, ownership of the student life foundation, and the status of repairs to residence halls. WKU said the foundation has owned the property since 2000, one hall would be razed or demolished at the end of the academic year, and repairs to the other two were expected to be completed by fall 2027. The committee also heard a Department of Fish and Wildlife Resources acquisition project for Mount River Farms in Wayne County and a Department of Corrections roof replacement project at Luther Luckett Correctional Complex, but no votes were taken until a quorum was later established. The Kentucky Infrastructure Authority then presented six loans and four grant reallocations, including loan increases for Adair County Water District and the City of Harlan, new loans for Litchfield, Louisa, Southeastern Water Association, and Flatwoods, and grant reallocations under the Cleaner Water Program. Members asked about Harlan’s 30-year term and special condition requiring a revenue increase; KIA explained the longer term is reserved for disadvantaged communities and that the condition was meant to reinforce standard debt coverage requirements, while depreciation is reviewed but not included in cash-flow calculations. After a recess, Senator Thomas arrived and a quorum was reached. The committee approved the prior minutes and then took a consolidated vote on the action items, which passed. The final items included a Kentucky Economic Development Authority revenue bond refunding for CommonSpirit Health, several Kentucky Housing Corporation conduit and single-family bond issuances, a Western Kentucky University bond issuance, and SFCC debt issues. Members discussed the housing transactions, noting they are developer-financed and not subject to a traditional bidding process, and expressed concern about whether the process could produce more units for the same amount of money. The meeting adjourned after all information items were approved and the next meeting date was announced.

Transcript Highlights:

• highest level of security. highest level of security.
• <00:20:42.400> available the highest level of security available the highest level of security
• <00:47:59.400> portal Um this includes internal secure portal Um this includes internal secure
• Trend<00:49:54.920> Micro Content is secured by Trend Micro Content is secured by Trend Micro
• endpoint security platform. endpoint security platform.

Keywords: Meeting Start 00:00:00 Commonwealth Office of Technology 00:01:00 Department of Education 00:21:00 Transportation Cabinet 00:35:30 Secretary of State 00:45:15 Cabinet for Health and Family Services 00:56:11 Discussion of the Kentucky Communications Network Authority and Related legislation 01:09:11, 958, all

Summary: The meeting began with approval of the prior minutes and then focused first on the Commonwealth Office of Technology’s legacy systems and two specific projects. COT officials said many agencies have made progress moving off legacy applications, with remaining mainframe systems slated to be retired through RFPs or other work orders. They also described a legacy funding pool of $10 million per biennium used to help agencies transition. The two projects discussed were the Kentucky aerial photography and elevation data program, which provides statewide aerial imagery and lidar data for GIS, E911, environmental, transportation, and other uses, and a citizen identity and access management system intended to give residents a single login for state services. Officials said the GIS program costs about $1.2 million annually to host and maintain, with data acquisition costing several million more per year, and that the citizen identity system would cost about $2.5 million per year after an initial three-year COT investment. Members asked about duplication of funding, licensing, local government use, and whether multi-factor authentication would be required; COT said the GIS data is being acquired as statewide unlicensed data and that MFA would be available but not yet mandated statewide. Committee members pressed COT on costs, overlap with cabinet-level IT spending, and the practical benefits of the GIS and identity projects. COT explained that GIS hosting is generally covered through enterprise assessments billed quarterly to agencies, while the new aerial data is intended to benefit the whole state and local partners. On the identity project, officials said it would centralize authentication for citizens who use state systems, improve compliance with zero-trust and NIST-related security expectations, and reduce help desk and maintenance burdens through self-service account tools. Members also discussed whether the system would extend to local governments; COT said it would be a Kentucky.gov-style state login for users inside the state identity infrastructure, not a local-government system. The Department of Education then testified that it does not operate mainframes or major legacy systems, having moved long ago to cloud-based, off-the-shelf products and vendor-supported services. KDE officials described a strong emphasis on staff cybersecurity awareness, standardized statewide systems, vendor risk-sharing, and reducing sensitive data exposure, including efforts to move away from student Social Security numbers. They also highlighted a transition from Microsoft Active Directory to Identity Automation, which they said will improve identity management and make multi-factor authentication universal across K-12. In response to questions about Kentucky Wired and internet service, KDE said all 171 school districts and KDE agencies have been moved to a new next-generation internet service through ENA by Zayo, with strong satisfaction, e-rate savings, and better reliability. Officials warned that any internet disruption would immediately affect attendance, grades, student records, payroll, security systems, and communications across the K-12 system.

Transcript Highlights:

• There are people that just look at Social Security numbers.
• that just look at um Social Security that just look at um Social Security numbers<00:09:08.920><
• We have some businesses that secure several million dollars in grants and tax incentives.
• We have some businesses that secure several million dollars in grants and tax incentives.
• We have some businesses that secure several million dollars in grants and tax incentives.

Bills: HF1, HF2

Keywords: Office of Inspector General, inspector general, legislative audit, fraud prevention, waste and abuse, public funds, grant oversight, state grants, grant management, whistleblower protection, retaliation, subpoena power, data practices, government transparency, accountability, law enforcement referrals, sanctions, debarment, payment withholding, public assistance fraud

Transcript Highlights:

• Texas, our military bases, airports, and spaceports are vital to our economy and certainly national security
• drones near our military installations and airports that are potentially threatening Texas safety and security
• spaceports is vitally important for operational duties, air traffic safety, and potential national security
• Today, my largest company, GPI Defense, is a private security company that has now done business in 42
• So putting time and effort into bids like this one is important, and it's part of being an entrepreneur

Bills: SB390, SB1197, SB1271

Keywords: veteran-owned businesses, state contracting, historically underutilized business, economic opportunity, small business, economic development, veterans, certification, Texas legislation, unmanned aircraft, spaceport, criminal offense, aviation regulations, airspace safety, military installations, concurrent jurisdiction, governor's approval, state agency, land acquisition, 1185

Summary: The Committee on Veteran Affairs heard several bills related to military installations, veterans, and contracting opportunities. Senator Birdwell presented SB 1197, which would extend existing drone restrictions over military bases and airports to spaceports, with exceptions for authorized users; no public testimony was offered at the first hearing, and the bill was left pending before later being reported favorably. Chairman Hancock presented SB 1271, which would allow Texas to accept concurrent jurisdiction over military installations so state and local authorities could handle certain juvenile offenses and provide more rehabilitative options; a committee substitute was explained, but the bill was left pending after no initial witnesses appeared. The committee also considered SB 390, which would expand the state historically underutilized business definition to include SBA-certified veteran-owned businesses regardless of disability rating. Supporters from the Houston Regional Veterans Chamber of Commerce and other veterans argued the change would improve access to state contracting, strengthen the economy, and better recognize veterans’ contributions. Senator Eckhardt raised concerns that broadening the category to all veterans might not satisfy the disparity-study basis typically used for HUB classifications, and Jim Brennan echoed that concern while suggesting a separate category might be more workable. During the pending-legislation portion, the committee voted on several bills. SB 651 and SB 897 were each substituted and reported favorably to the full Senate, with both also recommended for the local and uncontested calendar. SB 1814 was likewise reported favorably and sent to the local and uncontested calendar. SB 1197 was reported favorably and recommended for the local and uncontested calendar. SB 1271 was left pending after a motion to report the committee substitute favorably, and SB 390 was left pending after testimony concluded. The committee then recessed subject to the call of the chair.

Bills: HB145, SB37, HB279, HB292, SB35, SB48, SB20, SJR1, SB38, SB41, SB73, SB100, SB111, SB132, SB152, SJR7, HJM1, HM7, HM17, HM4, HM22, HM23, HM24, HM26, HM2, HM16, HM32, HM13, HM47, HM20, HM51, HM1, HM31, HM35, HM36, HM46, HM53, HM54, HM39, HM29, HM43, HM59, HM30, HM52, HM11, HM14, HM21, HM34, HM50, HB2, HB70, HB180, SB151, SB240, SB273, HB95, HB247, HB332, HB8, HB253, HB4, HB96

Keywords: high-wage jobs, tax credit, job creation, New Mexico, economic development, high-quality literacy instruction, science of reading, structured literacy, reading instruction, literacy assessment, dyslexia screening, phonics, phonemic awareness, fluency, vocabulary, comprehension, biliteracy, English language learner, ELL, bilingual education

Transcript Highlights:

• So, non-emergency medical transportation is a federally mandated benefit under the Social Security Act
• <00:08:52.480> under<00:08:52.720> KRS request for proposal bid under KRS request for
• proposal bid under KRS chapter<00:08:53.680> 45A.
• will affect the next bid coming up. will affect the next bid coming up.
• <00:35:01.040> So, comes up at time of bid as well. So, comes up at time of bid as well.

Keywords: 958, all

Summary: The Budget Review Subcommittee on Health and Family Services met in person, approved the October 15 minutes, and began with a moment of silence following a Louisville UPS plane explosion that was described as a local tragedy affecting many families and first responders. The main presentation was an overview of Kentucky’s Medicaid non-emergency medical transportation (NMT) program from the Department for Medicaid Services and the Transportation Cabinet. Witnesses explained that NMT is a federally required Medicaid benefit, administered by the Transportation Cabinet under a risk-based capitated model, with eligibility limited to Medicaid members traveling to medically necessary, Medicaid-covered services and who lack access to other transportation. They also described exclusions, including certain KCHIP, QMB, and PACE members, and outlined the brokered regional structure, call center operations, scheduling rules, vehicle and driver oversight, complaint handling, and rider surveys. The presenters reported that NMT handled more than 3.1 million trips in state fiscal year 2024, with over 1.38 million trips already recorded in October, and said customer satisfaction surveys were high. They said the FY 2025-26 contract total is about $360.6 million, with monthly per-member capitation rates set by region through an actuarial process and approved by CMS. They emphasized that payments are tied to monthly Medicaid enrollment and that the state draws down federal funds for the exact amount paid, with no leftover balance. They also said most NMT use comes from adult day centers and rehabilitative care such as dialysis. Members questioned the witnesses about how quality metrics and contract standards are set, whether the state had explored alternatives such as Uber Health or other integrated models, and how utilization was calculated. The witnesses said contract requirements are developed collaboratively by Medicaid Services, the Transportation Cabinet, and other agencies, and that studies of other models generally found higher costs and lower approval ratings, with additional research on a hybrid model expected by the end of the year. They clarified that one figure reflected the share of Medicaid members with registered vehicles, while another reflected actual NMT users, and they defended the capitated structure as shifting financial risk to brokers rather than the state. Representative Fleming also raised concerns about oversight, reporting, and the apparent gap between budgeted and contracted amounts, asking whether any unused funds would return to general funds; the discussion ended before a final answer was given.

Transcript Highlights:

• You know, put in your bids and do whatever is required.
• When our money was issued to us, we were advised on how to secure our money so that in case something
• So our money is fairly secure.
• , we have a lot of herederos that are poor, you know, they're surviving off of... limited social security
• And hopefully, we think we can be the first people to bid on some of these properties that are within

Transcript Highlights:

• Senate Bill 1034 by Sparks and Perry relates to cyber security. ...retail public utilities that provide
• 1057 by Parker relates to shareholder proposals submitted to certain domestic corporations regarding bids
• Senate Bill 1058 by Parker relates to the exclusion of certain securities transaction payments from the

Bills: SJR36, SB26, SJR3, SJR48, SJR50, SJR51, SCR15, SCR17, SB3, SB5, SB12, SB18, SB1001, SB1002, SB1003, SB1004, SB1005, SB1006, SB1007, SB1008, SB1009, SB1010, SB1011, SB1012, SB1013, SB1014, SB1015, SB1016, SB1017, SB1018, SB1019, SB1020, SB1021, SB1022, SB1023, SB1024, SB1025, SB1026, SB1027, SB1028, SB1029, SB1030, SB1031, SB1032, SB1033, SB1034, SB1035, SB1036, SB1037, SB1038, SB1039, SB1040, SB1041, SB1042, SB1043, SB1044, SB1045, SB1046, SB1049, SB1050, SB1051, SB1052, SB1053, SB1054, SB1055, SB1056, SB1057, SB1058, SB1059, SB1060, SB1061, SB1062, SB1063, SB1064, SB1065, SB1066, SB1067, SB1068, SB1069, SB1070, SB1071, SB1072, SB1073, SB1074, SB1075, SB1076, SB1077, SB1078, SB1079, SB1080, SB1081, SB1082, SB1083, SB1084, SB1085, SB1086, SB1087, SB1088, SB1089, SB1090, SB1091, SB1092, SB1093, SB1094, SB1095, SB1096, SB1097, SB1098, SB1099, SB1100, SB1101, SB1102, SB1103, SB1104, SB1105, SB1106, SB1107, SB1108, SB1109, SB1110, SB1111, SB1112, SB1113, SB1114, SB1115, SB1116, SB1117, SB1118, SB1119, SB1120, SB1121, SB1122, SB1123, SB1124, SB1125, SB1126, SB1127, SB1128, SB1129, SB1130, SB1131, SB1132, SB1133, SB1134, SB1135, SB1136, SB1137, SB1138, SB1139, SB1140, SB1141, SB1142, SB1143, SB1144, SB1145, SB1146, SB1147, SB1148, SB1149, SB1150, SB1565

Keywords: teacher compensation, education funding, public school educators, teacher retention, teacher designation, dementia, Alzheimer's disease, Parkinson's disease, research funding, state budget, prevention, healthcare, medical research, Dementia Prevention and Research Institute, severance tax, oil and gas, Texas STRONG fund, economic stabilization, public health, property tax relief

Transcript Highlights:

• That's why I don't bid state jobs.
• That's why I don't bid state jobs.
• That's why I don't bid state jobs.
• You're not bid shopping.
• You're not bid shopping.

Keywords: 910, house, all

Summary: The committee heard testimony on several bills related to consumer protection, liquor regulation, construction procurement, and state contracting. On House Bill 565, DCCA and the Office of Consumer Protection stood on written testimony, and a committee member raised a question about whether creators of remains would have to hold them indefinitely if family members did not respond; the member indicated language would be fixed to address that issue. No vote was taken. House Bill 208, dealing with liquor law changes, drew strong support from Scarlet Honolulu and Maui Brewing Company, who said the measure would modernize liquor rules and add guardrails, while the Wine Institute and Anheuser-Busch opposed it as a special tax break or unnecessary expansion of liquor-related authority. Members questioned whether anonymous complaints should be allowed and whether the bill could lead to retaliation; the supporter said complaints should not be anonymous and suggested the Liquor Commission had been accused of writing complaints to target licenses. No action was taken. House Bill 939, concerning taxation of low-ABV spirits-based beverages, received support from Maui Brewing Company and Johnson Brothers, who said it would align tax treatment with existing categories and reduce confusion, while the Wine Institute and Anheuser-Busch opposed it as a narrow tax break that could reduce revenue and should instead be considered in a broader alcohol tax review. House Bill 808, on construction defect insurance or related protections for state projects, drew comments from DAGS, the State Procurement Office, and the Subcontractors Association, with the latter warning it would make state contracting harder and shrink the contractor base; the chair questioned what recourse the state has when defects appear after a project is completed. House Bill 809, addressing procurement and subcontractor-listing corrections, drew opposition from SPO, DAGS, and the Subcontractors Association, while the General Contractors Association supported it; members debated whether a 24-hour correction window would create abuse or simply allow minor ministerial fixes, and the bill’s sponsor said the goal was to reduce bid protests and procurement discretion. No votes or final committee actions were recorded in the excerpt.

Transcript Highlights:

• All of them had to deposit security with the commissioner, including the former ones.
• If that security money those claims.
• Our total number of cases that were budgeted by Social Security to work are 83,194.
• budgeted by Social Security to work are<01:14:57.440> 83,194.
• <01:15:46.800> trains Well, we because Social Security trains Well, we because Social Security

Keywords: 958, all

Summary: The committee first approved the May 12 minutes, then deferred item 285 on the routine personal service contract green list for Western Kentucky University to the July 2026 meeting. It also noted that several deferred university contracts had been withdrawn by the institutions, and then approved the remaining agenda items without objection, including personal service contracts, amendments, memoranda of agreement, Kentucky Entertainment incentive agreements, deferred items, and corrections, except for items pulled for further review. The main pulled item was a Kentucky Administrative Office of the Courts contract supporting Fayette District Court’s juvenile treatment court through Fayette County Public Schools. Court officials explained that the program, created under Supreme Court rules in 2022, serves court-connected juveniles with mental health and related needs, operates at the courthouse, and uses a school-employed program manager funded through a pass-through arrangement with Fayette County Public Schools and the Urban County Government. They said the program has had over 100 referrals, accepted about half, and had at least 25 successful graduates, with 11 high school graduates among participants. Members asked about who pays for drug screens, family involvement, and what counts as successful completion; the officials said the Urban County Government’s Division of Youth Services pays for drug screens and services, and that parents must participate in classes and support services. The committee then approved the contract review, with some members explaining their votes in support and one member emphasizing the committee’s role in reviewing contracts in the public interest. The committee also reviewed two Auditor of Public Accounts contracts. The auditor’s representative said contract 11, with Vantage Point Solutions, will examine the Kentucky Communications Network Authority/Kentucky Wired network for $700,000, well below the $1.5 million appropriated, and that a report is expected before the 2027 regular session. Contract 12 funds a special examination of investment managers used by Kentucky’s retirement systems, prompted by a Legislative Oversight and Investigations request to assess whether investments tied to ESG factors are consistent with fiduciary duties; the representative said the retirement systems have been cooperative and that findings are expected on a similar timeline, with some flexibility built into the deadline. After questions about the Texas litigation referenced in the explanation, the committee approved both auditor contracts without objection.

Transcript Highlights:

• current bid rate? current bid rate?
• >> When was that last bid? >> When was that last bid?
• Was there only one bid? Was there only one bid? Maybe I just was thinking about that.
• Was there only one bid where the bid came in and there was an increase of 385,000?
• single bid. single bid.

Keywords: 0:00:08 Call to Order and Roll Call 0:00:38 Approval of Minutes 0:01:02 Information Items 0:02:17 Lease Rpt from Postsecondary Institutions 0:06:42 Project Rpt from Finance and Administration Cabinet 0:15:03 Lease Rpt from Finance and Administration Cabinet 0:24:00 Rpt from OFM – KY Infrastructure Authority 0:42:55 Economic Development Fund Grants 0:53:38 Rpt from OFM – New Debt Issues 1:16:33 Remaining 2025 Meeting Dates 1:16:45 Adjournment, 958, all

Summary: The committee first handled routine business, including roll call, approval of the July minutes, and several informational reports. Those reports included a University of Kentucky restricted-fund medical equipment purchase for Chandler Hospital, debt issues for five school districts, Eastern Kentucky University’s planned model laboratory school using construction management risk delivery, a Division of Real Properties lease advertisement, Kentucky Communications Network Authority quarterly project reports, and EKU asset preservation revisions. Members then heard and approved a new UK St. Clair Urgent Care Clinic lease in Morehead and an amendment expanding space for the UK Family and Community Medicine Clinic at Turflin Clinic. Testimony explained that both properties are privately owned, the Morehead lease predated the UK/St. Clair arrangement, and the Turflin Clinic is tight on space. The committee also approved three new projects and an appropriation increase: two Department of Military Affairs projects, a Window Ford Training Center underground electric project and a Williamsburg Readiness Center interior repair project, a Fish and Wildlife property acquisition adjoining Veterans Memorial Wildlife Management Area, and an $8.113 million increase for the Department of Revenue integrated tax system (DORIS). The DORIS increase was described as needed for change orders tied to legislation and to complete the unified tax system. The committee next reviewed no-action items, including a $3 million emergency flood-damage repair project for the Bush Building and Vest-Lindsay House in Frankfort, and three pool projects over $1 million: a Kentucky Correctional Institute for Women window replacement phase 2 project, a Department of Criminal Justice Training interior refurbishment at Thompson Hall, and the Muddy Gut Branch stream mitigation project in Johnson County. The flood project was confirmed to be fully reimbursed by insurance proceeds. Finally, the Kentucky Infrastructure Authority presented six loans and nine grants. Action items included water and sewer financing for Cumberland County, Lebanon, Northern Kentucky Water District, Lewisport, and Providence, plus a major Taylor Mill treatment plant project and several cleaner water grants and reallocations. Members asked about loan rates, local rate increases needed to repay debt, and the Providence emergency water interconnect; staff explained that Lewisport had begun a rate increase process, and that the Providence project would connect Webster County Water District and the city of Providence to stabilize pressure after a systemwide failure. All action items were approved.

Transcript Highlights:

• PUTTING WHAT WE DID IS WE LOOKED AT THE CHAIRMAN AND DIRECTED THE STAFF TO LOOK INTO PUTTING OUT THE BID
• FOR FOLKS TO COME AND TALK TO US OR SUBMIT BIDS TO US ON HOW THE PRIVATE INDUSTRY CAN HELP ADDRESS THIS
• THE PLAN IS AN OVERARCHING APPROACH TO PROVIDE GUIDANCE FOR SECURING REGIONAL WARM WATER HABITATS AND