Requires the office of minority and women's business enterprises to identify state agencies and educational institutions: (1) In the lowest quintile of utilization of minority and women-owned contractors as a percentage of all contracts issued by the agency;

(2) In the lowest quintile of the dollar value awarded to minority and women-owned contractors as a percentage of the dollar value of all contracts issued by the agency; and

(3) That are performing significantly below their established goals, as determined by the office.

Establishes an investigation unit within the office for the purpose of detecting and investigating fraud and violations.

Repeals the attorney general's authority to investigate and enforce compliance with regard to contracts with minority and women-owned businesses.

Requires the department of enterprise services to work with the municipal research and services center to notify local governments that are authorized to use small works rosters of this authority and to provide guidance on how to use the authority.

Requires the joint legislative audit and review committee to review implementation of changes to small works roster and limited public works processes.

Modifies small works roster contract procedures and the limited public works process.