BILL NUMBER: AB 2548 VETOED DATE: 09/29/2000 SEP 29 2000 To Members of the California Assembly: I am returning Assembly Bill 2548 without my signature. This bill would permit a board of a municipal utility district (MUD) to procure supplies and materials in excess of $50,000 on the basis of "best value at lowest cost" criteria rather than selecting the lowest bid. This bill replaces the current objective standard with a subjective standard that could result in increased costs to the ratepayers. Therefore, I am vetoing it. Sincerely, GRAY DAVIS