Bidding Thresholds Increase Effective Jan. 1, 2020December 16th, 2019
The Pennsylvania Department of Labor & Industry published the authority and municipal bidding thresholds for 2020. Under Act 90 of 2011, the bidding thresholds provide for an annual inflation adjustment based on the Consumer Price Index for All Urban Consumers.
The percentage change for the 12-month period ending September 30, 2019, is 1.7%. Beginning on January 1, 2020, the bidding thresholds will be as follows for boroughs:
· Purchases and contracts below $11,300 require no formal bidding or written/telephonic quotations.
· Purchases and contracts between $11,300 and $21,000 require three written/telephonic quotations.
· Purchases and contracts over $21,000 require formal bidding.
To view the entire announcement, click here.