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AL SB213
Bill
AI Summary
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Amends Section 41-16-21 of the Code of Alabama 1975 to increase the competitive bidding threshold from $7,500 to $15,000 for educational and eleemosynary institutions, the Alabama State Port Authority, and certain other state agencies.
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Aligns the threshold for these entities with changes made to Section 41-16-20 by Act 2012-462, which previously increased the general state competitive bidding threshold to $15,000.
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Requires educational and eleemosynary institutions governed by a board of trustees and the Alabama State Port Authority to use free and open competitive sealed bidding for all contracts involving $15,000 or more.
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Designates the amendment as remedial and curative, with retroactive application to the effective date of Act 2012-462 (2012 Regular Session).
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Takes effect immediately upon passage and approval by the Governor or upon otherwise becoming law.
Legislative Description
Bids, competitive, contracts for which bids required, threshold amount increased for certain governmental entities, retroactive, Sec. 41-16-21 am'd.
Competitive Bids
Last Action
Assigned Act No. 2014-175.
3/11/2014