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NY A05413
Bill
Status
Introduced
3/10/2023
Primary Sponsor
Karl Brabenec
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AI Summary
- Raises the expenditure threshold for public work contracts requiring sealed bids from $35,000 to $125,000
- Raises the expenditure threshold for purchase contracts requiring sealed bids from $20,000 to $80,000
- Maintains existing provisions allowing purchase contracts to be awarded on best value basis with proper authorization
- Clarifies that threshold determinations must consider reasonably expected aggregate purchases within a 12-month period to prevent artificial division of purchases
- Takes effect immediately, with provisions subject to expiration under prior law provisions from 2003
Legislative Description
Relates to advertising for bids and offers; letting of contracts; raises the aggregate amount for sealed bids above the current levels for commodities from $20,000 to $80,000 and public works from $35,000 to $125,000.
Last Action
referred to local governments
1/3/2024
Committee Referrals
Local Governments3/10/2023
Full Bill Text
No bill text available