No small business preference shall be allowed if allowing the small business preference would result in a computed bid of the preference recipient which would exceed the amount of funds appropriated by the Legislature for the construction project, plus any augmentation that may be made by the State Public Works Board pursuant to authority granted in the annual Budget Act.
Cal. Gov. Code § 14838.4
General Provisions
Known as the Small Business Procurement and Contract Act
The act spans §§ 14835 to 14847 (23 sections).
Added by Stats. 1982, Ch. 586, Sec. 1.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.