Researcher: RP Page 1 4/2/24
OLR Bill Analysis
SB 226
AN ACT INCREASING THE THRESHOLD FOR SEALED BIDDING
ON CERTAIN MUNICIPAL CONTRACTS.
SUMMARY
This bill increases, from $25,000 to $50,000, the maximum value of
contracts or purchases that a municipality may exempt, by ordinance,
from its sealed bidding requirements.
By law, municipalities may adopt ordinances establishing
competitive bidding requirements for awarding contracts or buying real
or personal property, regardless of their charters or special acts. These
ordinances may exempt contracts or purchases valued at less than a
specified amount from sealed bidding requirements, except when the
statutes require sealed bids.
EFFECTIVE DATE: October 1, 2024
COMMITTEE ACTION
Planning and Development Committee
Joint Favorable
Yea 21 Nay 0 (03/15/2024)