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Bill > S3895


NJ S3895

NJ S3895
Adjusts bid threshold amounts for certain public research universities; permits certain contracts for school districts, municipalities, and counties to be awarded by qualified purchasing agent.


summary

Introduced
05/22/2023
In Committee
11/30/2023
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Adjusts bid threshold amounts for certain public research universities; permits certain contracts for school districts, municipalities, and counties to be awarded by qualified purchasing agent.

AI Summary

This bill adjusts bid threshold amounts for certain public research universities and permits certain contracts for school districts, municipalities, and counties to be awarded by qualified purchasing agents. Specifically, the bill raises the bid threshold for public research universities to $100,000 for contracts where workers are not paid in accordance with the New Jersey Prevailing Wage Act, and it allows school districts, municipalities, and counties to establish higher bid thresholds up to $25,000 or $60,000 if they have a qualified purchasing agent. The bill also requires the Governor to adjust these thresholds every five years based on changes in the consumer price index.

Committee Categories

Education

Sponsors (3)

Last Action

Substituted by A5501 (1R) (on 12/21/2023)

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