OH HB430

Increases the county competitive bidding threshold from $25,000 to $50,000 for purchases, leases, and construction projects, with annual adjustments based on inflation using the implicit price deflator for state and local government spending.

Raises the emergency procurement threshold from $50,000 to $100,000 for county commissioners to waive competitive bidding when determining a real and present emergency exists.

Eliminates the requirement for counties to annually adopt resolutions for internet auction sales of county property; allows a single resolution to govern ongoing internet auctions instead of requiring annual renewal.

Increases the lease renewal threshold for electronic data processing equipment and radio communications systems from $10,000 to $50,000.

Modifies bond requirements for bids over $50,000 for non-construction contracts from mandatory to optional (changing "shall" to "may"), and increases the threshold for exempting bid guaranty requirements from $25,000 to $250,000.