Upon full implementation of the Financial Information System for California (FISCal) Project for state departments and agencies that are utilizing the full functionality of the FISCal system, information regarding contracts for services in the amount of five thousand one dollars ($5,001) or more shall be made available to the public on the FISCal Project Internet Web site in a format that allows for searching and sorting by the following categories:
(a) A description of the contract and the services being purchased.
(b) The name of the agency contracting for the services.
(c) The name of the contractor, unless otherwise exempt from disclosure.
(d) The effective date and expiration date of the contract.
(e) The annual amounts paid under the contract, to the contractor, in prior fiscal years.
(f) The total projected cost of the contract, or maximum cost the contract is prohibited from exceeding, for all fiscal years during which the contract will be in effect.
(g) The acquisition method.
(Added by Stats. 2013, Ch. 757, Sec. 1. (SB 335) Effective January 1, 2014.)