If a quote is received that is less than 10% of the state contract, who must be informed?

When a quote is received that is less than 10% of the state contract, it is essential to inform the Governor. This requirement reflects the oversight and accountability measures that are integral to public contracting and procurement processes. The Governor's office needs to be aware of significant transactions or changes in procurement as a part of their responsibilities in managing state operations and resources.

The involvement of the Governor ensures that there is a higher level of scrutiny on significant contract decisions, which can help prevent waste, fraud, and abuse of public funds. It underscores the importance of transparency in governmental operations and affirms that large financial commitments are monitored at the highest levels of state leadership.

In contrast, while the State Treasurer, State Auditor, and Attorney General have roles in financial oversight, auditing, and legal compliance, respectively, they are not specifically required to be informed in this context regarding quotes or procurement transactions under the stated threshold of 10%. This distinction highlights the unique position the Governor holds in relation to state contracts and procurement processes.