Bill > H5022

This bill increases the maximum threshold for small purchases by municipalities in Rhode Island, raising the limit for construction projects from $10,000 to $25,000 and for all other purchases from $5,000 to $10,000. The legislation allows municipalities to make procurements under these new limits using small purchase regulations, with a provision that these amounts will be adjusted annually based on the Boston Regional Consumer Price Index. The bill includes a safeguard against artificially dividing procurement requirements to circumvent the spending limits, and it permits municipalities to further reduce the aggregate purchase amount through local ordinances. The changes will take effect on December 31, 2025, giving local governments time to prepare for the new purchasing guidelines. Small purchases typically refer to procurement methods that allow for a simplified purchasing process for lower-value contracts, reducing administrative burden for routine acquisitions.

Budget and Finance

https://status.rilegislature.gov/