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Bill > S2620


NJ S2620

NJ S2620
Adjusts certain public contract bid thresholds.


summary

Introduced
05/12/2022
In Committee
05/12/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill would adjust the statutory bid threshold amounts under the Local Public Contracts Law (LPCL, N.J.S.A 40:11-1 et seq.) and the Public School Contracts Law (PSCL, N.J.S.A. 18A:18A-1 et seq.). The bill would increase the statutory bid thresholds for all local units and boards of education and would allow larger local units, counties and first class cities, and boards of education located within first class cities, to authorize higher bid thresholds. The bill would allow all local units and boards of education to authorize the award of contracts of up to $50,000 without public advertising for bids, which amount may be increased to as much as $100,000 if the board or local unit employs a State-certified purchasing agent. The bill would allow counties, cities of the first class, and boards of education located within cities of the first class to authorize the award of contracts of up to $75,000 without public advertising for bids, which amount may be increased to as much as $150,000 if the board or local unit employs a State-certified purchasing agent.

AI Summary

This bill would adjust the statutory bid threshold amounts under the Local Public Contracts Law (LPCL) and the Public School Contracts Law (PSCL) in New Jersey. The bill would increase the bid thresholds for all local units and boards of education, and allow larger local units, counties, and first-class cities, as well as boards of education located within first-class cities, to authorize even higher bid thresholds. The bill would also allow all local units and boards of education to award contracts up to $50,000 without public advertising for bids, which could be increased to $100,000 if they employ a state-certified purchasing agent. For counties, first-class cities, and boards of education within first-class cities, the threshold would be $75,000, which could be increased to $150,000 with a certified purchasing agent.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 05/12/2022)

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