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Procurement News

08/19/2016   Bid Prequalification under Local Public Contracts Law
07/02/2015   Minimum Bid Thresholds Adjusted by State Treasurer
07/02/2015   Storm Response: Financing and Procurement Matters

Bid Prequalification under Local Public Contracts Law - 08/19/2016

The Director of the Division of Local Government Services must approve all prequalification regulations for contracting units subject to the Local Public Contracts Law.  Absent Director approval, bid prequalification regulations are of no force and effect and may not be required as a condition of bid acceptance on any public contract.   Local Finance Notice 2016-12 goes into further detail about the process for adopting prequalification regulations.  An updated standard application for Director approval, along with updated sample prequalification regulations for projects funded by the New Jersey Historic Trust, can be found on our Local Public Contracts Law webpage at www.nj.gov/dca/divisions/dlgs/programs/lpcl.html#19 under the Prequalification heading.

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Minimum Bid Thresholds Adjusted by State Treasurer - 07/02/2015

Pursuant to N.J.S.A. 40A:11-3, the State Treasurer has increased the minimum bid threshold from $36,000 to $40,000 for entities subject to the Local Public Contracts Law whose purchasing agents possess a Qualified Purchasing Agent (QPA) certificate awarded by the Division of Local Government Services.  As such, the new quote threshold for local units with QPAs is $6,000 (15% of the $40,000 QPA bid threshold).  Local units that do not have a QPA-certified purchasing agent remain subject to the $17,500 minimum bid threshold set forth in N.J.S.A. 40A:11-3 and 40A:11-9a, with the corresponding quote threshold remaining $2,625 (15% of the $17,500 non-QPA bid threshold).  Pursuant to N.J.S.A. 18A:18A-3, the State Treasurer has also increased the minimum bid thresholds for school districts with QPA-certified purchasing agents from $36,000 to $40,000.  Like local units with QPAs, the new quote threshold for school districts with QPAs is $6,000.  The minimum bid threshold for those school districts without QPA-certified purchasing agents has also been increased from $26,000 to $29,000, with the corresponding quote threshold increased to $4,350 (15% of the $29,000 non-QPA school district bid threshold).  The bid threshold adjustments are effective as of July 1, 2015.  Local Finance Notice 2015-20 discusses this topic in detail. 

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Storm Response: Financing and Procurement Matters - 07/02/2015

On Tuesday, June 23rd, storms moved through New Jersey bringing significant rainfall and damage to portions of the State. Local Finance Notice 2015-11 has been issued to inform impacted local units of relevant post-storm financing and procurement matters.

 

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Updated: 08/19/2016