Read the Disclaimer
TO: All Affected Agencies
FROM: Elizabeth Maher Muoio, State Treasurer
DATE: July 1, 2025
SUBJECT: Adjustment To Public Bidding Thresholds – 5 Year Schedule
Pursuant to the provisions of P.L. 2021, c. 412, which authorized the Director of the Division of Purchase and Property to increase the delegated purchasing authority to using agencies for goods and services, after consulting with the Governor, the Treasurer exercised the statutory authority pursuant to N.J.S.A. 52:34-7 to adjust the bid thresholds for awarding a contract without advertising as noted below. Accordingly, all covered purchases and contracts, which exceed these established thresholds, must be achieved through open competitive bidding.
N.J.S.A. 52:25-23 N.J.S.A. 52:34-7
Division of Property Management and Construction Professional consultant services for construction
Division of Property Management and Construction Construction Contracts
All threshold adjustments are based upon the Division of Law’s interpretation of the particular entity’s statutory authority and language. Any questions or comments regarding this memo should be directed to the Department of Community Affairs, Division of Local Government Services - Purchasing & Procurement Unit at (609) 292-6613 or to the Department of the Treasury, Division of Purchase and Property – Contract Compliance and Audit Unit at (609)-292-5400.
1Pursuant to N.J.S.A. 18A:18A-3(a), “the board of education may adopt a resolution to set a lower threshold for the receipt of public bids or the solicitation of competitive quotations.”
2Pursuant to N.J.S.A. 40A:11-3 and Local Finance Notice 2011-15, the bid threshold, for entities without a Qualified Purchasing Agent, under the Local Public Contracts Law was set at $17,500 and is not subject to the Governor’s adjustment. Additionally pursuant to N.J.S.A. 40A:11-3(a) “the governing body of any contracting unit may adopt an ordinance or resolution to set a lower threshold for the receipt of public bids or the solicitation of competitive quotes.”
3In February 2015 the Hackensack Meadowlands Development Commission (N.J.S.A. 13:17-6.1) a/k/a New Jersey Meadowlands Commission was consolidated into the New Jersey Sports and Exposition Authority.