OLR Bill Analysis

sSB 692

AN ACT CONCERNING REQUIREMENTS FOR COMPETITIVE BIDDING FOR THE AWARD OF CONTRACTS OR PURCHASE OF PROPERTY BY MUNICIPALITIES.

SUMMARY:

This bill increases, from $7,500 to $25,000, the maximum value of contracts or purchases that a municipality may exempt, by ordinance, from its sealed bidding requirements.

EFFECTIVE DATE: October 1, 2013

COMMITTEE ACTION

Planning and Development Committee

Joint Favorable Substitute

Yea

19

Nay

0

(03/22/2013)