Bill

Bill > HB06432


CT HB06432

An Act Concerning An Increase In The Threshold For Sealed Bidding On Certain Municipal Contracts.


summary

Introduced
01/23/2025
In Committee
01/23/2025
Crossed Over
Passed
Dead

Introduced Session

2025 General Assembly

Bill Summary

To increase the threshold for which sealed bidding shall not be required for municipal contracts or purchases from twenty-five thousand dollars to fifty thousand dollars.

AI Summary

This bill proposes to modify existing municipal procurement regulations by increasing the threshold for sealed bidding requirements from $25,000 to $50,000. In practical terms, this means that municipal governments would no longer be required to solicit sealed bids for contracts or purchases under $50,000, which provides more administrative flexibility for local governments. Currently, municipalities must go through a formal sealed bidding process for any contract or purchase between $25,000 and $50,000, which can involve time-consuming and potentially costly procurement procedures. By raising this threshold, the bill aims to streamline municipal purchasing processes, potentially reducing administrative burden and allowing local governments to more quickly and efficiently make smaller purchases or enter into smaller contracts. The change could help municipalities save time and resources while maintaining appropriate oversight for public spending.

Committee Categories

Housing and Urban Affairs

Sponsors (4)

Last Action

Referred to Joint Committee on Planning and Development (on 01/23/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...