The General Assembly intends for this subchapter to:
(1) Provide for the efficient procurement of services to provide for the online advertisement of notices of an intention to receive bids by local governmental units;
(2) Promote the economical and efficient administration and completion of public works construction projects;
(3) Provide for an impartial selection process in selecting statewide vendors to administer online advertisements of notices of an intention to receive bids by local governmental units;
(4) Provide for fair and open competition in selecting vendors to accomplish the goals of this subchapter;
(5) Prohibit anticompetitive conduct in vendors, including without limitation a vendor's having a direct interest in one (1) or more of the other vendors awarded a contract under this subchapter; and
(6) Provide significant penalties for an individual or entity that violates this subchapter.