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City-wide cost controls and new procurement notice rules could lengthen contract timelines, CEO says

San Jose Retirement Board · January 23, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board heard that the city manager—s cost-control measures and new public-agency contracting notice requirements (effective Jan. 1) will likely extend procurement timelines, possibly adding a 45-day waiting period for certain contract renewals/extensions when union work is implicated; trustees were urged to plan longer for renewals and consider longer contract terms to reduce overhead.

City cost-control measures and changes to state notice rules are likely to lengthen some contract procurement timelines, the retirement board heard on Jan. 29.

CEO Flynn told the board the city manager enacted measures aimed at bridging a projected fiscal-year-2027 general-fund gap "in the ballpark of $55,000,000 to $65,000,000." The measures include a…

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