MI HB4415

Increases the threshold for county road commissions to require sealed bids on purchases of machines, tools, appliances, and materials from $15,000 to $75,000

Raises the emergency purchase limit from $50,000 to $250,000, allowing larger purchases without competitive bidding during emergencies

Increases the weight threshold for trucks requiring sealed bids from 5,000 pounds to 10,000 pounds for passenger vehicles and trucks

Requires annual inflation adjustments to the dollar thresholds starting fiscal year 2026, based on the Detroit Consumer Price Index, rounded to the nearest $100

Retains existing requirements for minority business enterprise participation plans and allows installment contracts for property purchases up to 30 years