Adjustment to Procurement Thresholds

Effective July 1, 2013, the public bid limit has been raised from $30,700 to $32,100. Accordingly, all covered purchases and contracts, which exceed these established thresholds, must be achieved through open competitive bidding or a Board of Trustees Waiver of Advertising.

  • The Business Registration Certificate threshold has been adjusted from $4,600 to $4,815.
  • Delegated Public Authority threshold for quotes have also been raised from $6,020 to $6,420.

For more information, please click on the following link:

http://www.state.nj.us/treasury/purchase/adjpubbid052yr.shtml

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