Bid threshold definition

Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.
Bid threshold means the dollar amount set in section 3 of
Bid threshold means the dollar amount set in section 3 of P.L.1971, c.198 (C.40A:11-3), above which a contracting unit shall advertise for and receive sealed bids in accordance with procedures set forth in P.L.1999, c.440 (C.40A:11-4.1 et al.).

Examples of Bid threshold in a sentence

  • Contract amounts below the Bid threshold may be executed in advance of Board ratification.

  • Contract amounts greater than the Bid threshold may require a public bid process.

  • Amounts over the of Bid threshold for construction requires n a public bid.

  • Amounts over the Bid threshold for construction requires a public bid.


More Definitions of Bid threshold

Bid threshold means the dollar amount set in N.J.S.A. 40A:11-3, and in N.J.S.A. 18A:18A-3, above which a contracting unit shall advertise for and receive sealed bids
Bid threshold means the statutory amount over which a
Bid threshold means the dollar amount of $44,000.00, above which Midland Park Borough shall advertise for and receive sealed bids.
Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board will advertise for and receive sealed bids in accordance with procedures set forth in
Bid threshold means the statutory amount over which a contracting agency must seek bids.
Bid threshold means an amount prescribed and published by the New Jersey Department of Local Government Services from time to time in accordance with N.J.S.A. 18A:18A-3.
Bid threshold means the statutory amount over which a contract agency must seek bids.