Bill > HB381

This bill updates procurement thresholds in Hawaii's Revised Statutes to account for inflation, specifically modifying the dollar amounts for small purchase procedures. The bill proposes changing the thresholds for goods, services, and construction procurement, though the specific new dollar amounts are not specified in the provided text (marked with blank spaces). Currently, the law defines small purchases for goods and services under $100,000 and construction under $250,000, with different procedures for procurements between $25,000 and $250,000. The legislation also updates compliance verification requirements for contracts, lowering the threshold for mandatory verification from $2,500. The bill's findings note that these procurement thresholds were last adjusted in 1997 and that rising costs have reduced the effective purchasing power of government agencies. The changes are intended to provide agencies with more flexibility and administrative simplicity while maintaining competitive procurement practices. The bill is set to take effect on July 1, 3000 (which appears to be a placeholder date), and will require agencies to use electronic systems for small purchase procurements.

Budget and Finance, Government Affairs

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=381&year=2026