Bill > A4485

Introduced Session

This bill increases, from $25,000 to $150,000, the bid advertising threshold on certain State contracts. This bill would allow smaller construction and repair projects under $150,000 to be informally bid by the using agency without full advertising thereby reducing the time and cost required to complete these smaller projects. Under current law, any purchase, contract, or agreement may be made, negotiated, or awarded by the Director of the Division of Purchase and Property or the Director of the Division of Property Management and Construction without advertising if the aggregate amount involved including labor and construction materials does not exceed $25,000 or the amount adjusted by the Governor, in consultation with the Department of the Treasury as permitted by current law. This threshold applies to certain contracts or agreements for the erection, construction, alteration or repair of any public building or facility. The most recent adjustment to the amount was made in 2021 and is currently $71,000. This bill increases the bid advertising threshold in the case of purchases of labor and construction materials to $150,000.

AI Summary

Committee Categories

Verlina Reynolds-Jackson (D)*,  Shavonda Sumter (D)*,  Reginald Atkins (D), 

Introduced, Referred to Assembly State and Local Government Committee (on 06/06/2024)

Official Document