Division of Local Government Services (DLGS)
Pursuant to N.J.S.A. 40A:11-3(c) and 18A:18A-3(b), the State Treasurer has exercised her authority to adjust bid thresholds for contracting units subject to the Local Public Contracts Law and the Public School Contracts Law. These adjustments become effective on July 1, 2020. The maximum bid threshold has been increased from $40,000 to $44,000 for contracting units that have appointed a Qualified Purchasing Agent and avail themselves of the related higher bid threshold pursuant to N.J.S.A 40A:11-3 and 18A:18A-3.
Pursuant to N.J.S.A 52:15C-10(d), the Office of the State Comptroller, after consultation with the Department of the Treasury, has also exercised its statutory authority to adjust the threshold amounts for reporting set forth in N.J.S.A 52:15C-10
(a) and (b).
Please review Local Finance Notice 2020-14, available at https://www.nj.gov/dca/divisions/dlgs/lfns/20/2020-14.pdf,
for further information concerning the new public bidding thresholds and State Comptroller contract reporting thresholds. A listing of all contracting thresholds, including the current prevailing wage thresholds for municipal public works contracts, is available at https://www.nj.gov/dca/divisions/dlgs/programs/lpcl_docs/Contracting%20Threshold%20Tables.pdf.
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