Effective July 1, the Local Public Contracts Law bid threshold increases for municipalities with Qualified Purchasing Agents to $44,000 from $40,000. If the municipality does not have a Qualified Purchasing Agent the bid threshold remains at $17,500.
Effective July 1, 2020, the Local Public Contracts Law bid threshold increases for municipalities with Qualified Purchasing Agents to $44,000 from $40,000. If the municipality does not have a Qualified Purchasing Agent the bid threshold remains at $17,500. As a reminder, the governing body may establish a lower bid threshold by resolution or ordinance as appropriate.
Contact: Lori Buckelew, Senior Legislative Analyst, lbuckelew@njlm.org, 609-695-3481 x112.