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