Bill

Bill > A3040


NJ A3040

NJ A3040
Adjusts certain public contract bid thresholds.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
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)

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