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Adjustment to Public Bidding Threshold

INTEROFFICE MEMORANDUM

TO: All Affected Agencies
FROM: Andrew P. Sidamon-Eristoff
State Treasurer
DATE: July 1, 2015
SUBJECT: Adjustment To Public Bidding Thresholds – 5 Year Schedule


Pursuant to the provisions of the Public Laws cited herein, after consulting with the Governor, in 2015 the Treasurer exercised the statutory authority to adjust the bid thresholds for awarding contracts as noted below. Accordingly, all covered purchases and contracts, which exceed these established thresholds, must be achieved through open competitive bidding.

These adjustments took effect July 1, 2015; however, the memo released on July 1, 2015 contained an error. The corrected thresholds are as follows:


Jurisdiction
Prior
Threshold
Amount
Current
Threshold
Amount
N.J.S.A 18:18A-3 Public School Districts


$26,000

$29,0001

N.J.S.A. 18:18A-3 Public School Districts With Qualified Purchasing Agent $36,000 $40,000
N.J.S.A. 40A:11-3 Local Public Contracts Law (including County Bridge Commissions and Joint Sewer Plants)

$17,500 $17,5002,3
N.J.S.A. 40A:11-3

Local Public Contracts Law (including County Bridge Commissions and Joint Sewer Plants)
With a Qualified Purchasing Agent

$36,000

$40,000

N.J.S.A. 52:34-14 State House Commission $36,000 $40,000
N.J.S.A. 58:1B-22 N.J. Water Supply Authority (DEP) Contracts Necessary to Water Supply Management

$36,000 $40,000
N.J.S.A.5:10-21.1 Sports and Exposition Authority

$36,000 $40,000
N.J.S.A.27:23-6.1 New Jersey Turnpike Authority

$36,000 $40,000
N.J.S.A. 13:17-6.1 Hackensack Meadowlands Development Commission

$36,000 $40,000
N.J.S.A.18A:71A-10 Higher Education Student Assistance Authority

$36,000 $40,000
N.J.S.A.27:25A-8 South Jersey Transportation Authority
$36,000 $40,000
N.J.S.A.52:25-23 N.J.S.A.52:34-7 Division of Purchase and Property

$36,000 $40,000
N.J.S.A.52:34-7 Division of Building and Construction

$59,000 $65,000

Any questions or comments regarding this memo should be directed to the Director’s Office, Department of the Treasury, Division of Purchase and Property at (609) 292-4886 or to the Department of Community Affairs, Division of Local Government Services, Purchasing & Procurement Unit at (609) 292-6110.


1Pursuant to N.J.S.A. 18A:18A-3(a) “the board of education may adopt a resolution to set a lower threshold for the receipt of public bids or the solicitation of competitive quotations.”
2Pursuant to N.J.S.A. 40A:11-3(a) “the governing body of any contracting unit may adopt an ordinance or resolution to set a lower threshold for the receipt of public bids or the solicitation of competitive quotes.”
3In the July 1, 2015 memo, the threshold was is was mistakenly listed as $29,000.
4In February 2015 the Hackensack Meadowlands Development Commission (N.J.S.A. 13:17-6.1) a/k/a New Jersey Meadowlands Commission was consolidated into the New Jersey Sports and Exposition Authority.


Last Updated: Thursday, 07/12/18

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