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Alexandria Township Board adopts $39,000 bid threshold to align with state increase
Summary
The board set the district bid threshold at $39,000 to match the State Treasurer's increase effective July 1, 2025, updating procurement rules and competitive-quote requirements under N.J.S.A. 18A:18A-3.
The Alexandria Township Board of Education adopted a resolution to set the district's bid threshold at $39,000, aligning district purchasing rules with a State Treasurer adjustment taking effect July 1, 2025. The minutes record that the change allows the School Business Administrator/Board Secretary to award contracts in full accordance with N.J.S.A. 18A:18A-3(a) up to that amount.
Under the resolution language included in the minutes, the district will solicit at least two competitive quotations for contracts that are below the bid threshold but that equal or exceed 15% of the threshold; the School Business Administrator/Board Secretary is authorized to award contracts that are less than 15% of the bid threshold without soliciting competitive quotations (pursuant to N.J.S.A. 18A:18A-37(c)). The adoption of the $39,000 threshold was presented as part of the finance section and was pulled for discussion before the consent agenda; it was included in the consent agenda that the board approved that evening.
