Increases the exemption threshold for governmental contracting agency construction projects.
Hawaii HB2295 proposes to raise the exemption threshold for governmental contracting agency construction projects from $2,000 to $5,000. This change aims to reduce administrative burdens and expedite smaller construction and repair jobs, allowing agencies to address maintenance issues more promptly. The bill amends sections 104-2 and 444-2 of the Hawaii Revised Statutes to reflect this new procurement standard. This adjustment is intended to align with inflation and ensure that governmental contracting agencies can efficiently manage smaller-scale projects.
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