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Effective July 1, 2023, the bid threshold for county colleges pursuant to N.J.S.A. 18A:64-54 of the County College Contracts Law is $41,600. Effective July 1, 2023, the State College Contracts Law public works bid threshold is $39,400 while the non-public works bid threshold is $110,900. N.J.S.A.
Contracts awarded pursuant to a State Contract are considered ?fair and open? under PL 2004, c. 19, therefore the first steps of the contracting unit's fair and open process are covered, i.e., advertising, establishing the award criteria, opening of proposals and vendor selection.
This Circular is to be used in conjunction with the other Treasury Circulars and policy directives referenced herein. Effective January 1, 2023, the DPA threshold was increased from $150,000 to $200,000 for goods and services.
Adjustment to Public Bidding Threshold StatuteJurisdiction2022 ThresholdN.J.S.A. 18A:18A-31Public School Districts$32,000N.J.S.A. 18A:18A-3Public School Districts - With a Qualified Purchasing Agent$44,000N.J.S.A. 40A:11-32Local Public Contracts Law (Including County Bridge Commissions and Joint Sewer Plants)$17,50012 more rows ?
Prohibits campaign contributions by certain business entities performing State, county and local contracts; prohibits certain contributions by county political party committees.
Bid threshold means the statutory amount over which a contract agency must seek bids.