OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa sSB-1184 AN ACT INCREASING THE THRESHOLD FOR SEALED BIDDING ON CERTAIN MUNICIPAL CONTRACTS. Primary Analyst: JP 2/25/25 Contributing Analyst(s): Reviewer: RW OFA Fiscal Note State Impact: None Municipal Impact: Municipalities Effect FY 26 $ FY 27 $ All Municipalities Savings Potential Potential Explanation The bill permits municipalities to increase the threshold for sealed bidding for the award of any contract or the purchase of any real or personal property by the municipality from $25,000 to $35,000. There are potential savings to municipalities associated with reduced administrative and advertising costs resulting from fewer contracts and purchases requiring sealed bidding. The savings depend upon the contracting process of a municipality. For example, municipalities that advertise formal sealed bids would realize reduced marketing costs. The Out Years The annualized ongoing fiscal impact identified above would continue into the future subject to inflation.