State Representatives Terry Boose (R-Norwalk) and Bob Hackett (R-London) have announced that they introduced House Bill 430, which will increase the competitive bidding thresholds for county, municipal and township governments.
Under current law, in order for local governments to make purchases that exceed $25,000, they must open up the purchase to a public bidding process, where they then select the lowest bidder. The threshold for emergency purchases was $50,000. In order to meet the rate of inflation over the past eight years, this bill will increase these thresholds to $50,000 and $100,000 respectively.
“Simply stated, $25,000 is not the same as it was eight years ago,” Rep. Hackett said. “Updating the minimum bidding thresholds will help local governments attain essential products and services more efficiently. At the same time, it allows small businesses that wish to avoid the bidding process to compete for business.”
“These provisions were addressed last year in the budget regarding local municipalities and townships,” Rep. Boose said. “This legislation will simply bring counties up to the same bidding levels.”
The legislation will now be assigned to a committee and will undergo extensive consideration.