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CA AB2812
Bill
AI Summary
- Increases the bidding threshold for Santa Clara Valley Transportation Authority contracts from $150,000 to $200,000 for supplies, equipment, and materials
- Raises the minimum quotation requirement threshold from $3,500 to $5,000 for contracts between $5,000 and $200,000
- Requires the authority to obtain a minimum of 3 quotations for contracts exceeding $5,000 but not exceeding $200,000
- Maintains existing "best value" procurement option allowing contracts to be awarded to responsible bidders offering best overall value rather than lowest price
- Approved by Governor June 14, 2024
Legislative Description
Santa Clara Valley Transportation Authority.
Last Action
Chaptered by Secretary of State - Chapter 17, Statutes of 2024.
6/14/2024
Committee Referrals
Transportation5/1/2024
Rules4/18/2024
Local Government3/11/2024
Full Bill Text
No bill text available