Governor Beshear pulls ‘concerning’ $8.5M no-bid contract

LOUISVILLE, Ky. – Kentucky Governor Andy Beshear’s administration has canceled an $8.5 million no-bid contract with a nonprofit created and overseen by officials in former Governor Matt Bevin’s administration.

Despite concerns, the General Assembly’s contracts review committee ultimately signed off on the plan in July.

Speaking to reporters on Monday, Beshear called the contract  with the Commonwealth Center for Commercialization Inc. “very concerning.”

Beshear’s economic development cabinet said in a letter last week that it is terminating the contract with C3 effective Jan. 25.