summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 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 statutory bid thresholds for all local units and boards of education, and allow larger local units, counties and first class cities, and 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 authorize the award of contracts up to $50,000 without public advertising for bids, which could be increased to $100,000 if the board or local unit employs a State-certified purchasing agent. For counties, cities of the first class, and boards of education located within cities of the first class, the threshold for contracts without public advertising would be up to $75,000, which could be increased to $150,000 if the board or local unit employs a State-certified purchasing agent.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Introduced, Referred to Assembly State and Local Government Committee (on 01/09/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/A3040 |
| BillText | https://pub.njleg.gov/Bills/2024/A3500/3040_I1.HTM |
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