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Bill > A4262


NJ A4262

NJ A4262
Adjusts certain public contract bid thresholds.


summary

Introduced
06/13/2022
In Committee
06/13/2022
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). 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, with the possibility of increasing the threshold to $100,000 if the board or local unit employs a State-certified purchasing agent. The bill would also 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, with the possibility of increasing the threshold to $150,000 if the board or local unit employs a State-certified purchasing agent.

Committee Categories

Government Affairs

Sponsors (3)

Last Action

Introduced, Referred to Assembly State and Local Government Committee (on 06/13/2022)

bill text


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