Table of Local Public Contracts Law and Public School Contracts Law Contracting Thresholds

Public Bidding Thresholds under the Local Public Contracts Law and Public School Contracts Law PSCL as LPCL as of of N.J.S.A.40A:11-3(a) and (c); 18A:18A-3(a) and (c) January 1, January 2011 1, 2011 Bid threshold with a QPA* $36,000 $36,000

Quote Threshold with a QPA (15% of bid threshold) $5,400 $5,400

Bid Threshold without a QPA $17,500 $26,000

Quote threshold without a QPA (15% of bid threshold) $2,625 $3,900

• As of January 1, 2011, the previous “lower” bid threshold for LPCL contracting units without a QPA was eliminated and set at $17,500. This did not effect PSCL Boards of Education. • These bid and quote thresholds will be adjusted again on July 1, 2015. • Current thresholds are based on 2-year and 5-year bidding threshold calculations of the Department of the Treasury and reflected in Local Finance Notice 2011-1. The Treasury calculations include specialized purpose bid thresholds.

* Qualified Purchasing Agent (N.J.S.A. 40A:11-9(b) and N.J.A.C. 5:34-5.

Related Bid Thresholds* Statutory Old New Description Reference Threshold Threshold N.J.S.A 18A:39- School Districts, Boards of Education $16,200 $17,200 3 Transporting Pupils State, County, Municipal-Contracts for N.J.S.A 27:2-1 $16,200 $17,200 Work on Public Thoroughfares (paving) N.J.S.A. 27:16- County Road Improvements $16,200 $17,200 16 Local Government – Beach Erosion N.J.S.A. 40:68- Control Districts Waterfront $16,200 $17,200 48 Improvements *These bid thresholds are scheduled for change on July 1, 2011. Click here for the current Department of Treasury threshold document.

Prevailing Wage Thresholds Statutory Old New Description Reference Threshold Threshold Prevailing Wage Contracts for N.J.S.A. 34:11-56.25 Municipalities (five-year cycle ended in $11,892 $14,187 2009) Prevailing Wage Contracts for All N.J.S.A. 34:11-56.25 $2,000 $2,000 Other Contracting Units