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Increase in Bidding Thresholds Effective Jan. 1

2014-01-06 18:57:29

The PA Department of Labor & Industry has announced an increase in the Borough Code bidding thresholds under Act 92 of 2011. The increase of the Consumer Price Index-Urban for the past 12 months was 1.2%.  Therefore, the new bidding thresholds effective January 1, 2014 are as follows:
 
 Any contract or purchase under $10,300 requires no formal bidding or telephonic quotations. 
 
Contracts or purchases in the amount of $10,300 - $19,099 require three telephonic quotations. 
 
Any contract or purchase of or over $19,100 require the formal public bidding process as prescribed in Section 1402 of the Borough Code. 
 
More information can be found in the PA Bulletin:  http://www.pabulletin.com/secure/data/vol43/43-50/2332.html