Adjusts dollar thresholds for small purchases in Hawaii procurement laws to account for inflation.

The bill amends Hawaii Revised Statutes to adjust the dollar thresholds for small purchases in procurement laws. It raises the threshold for small purchases from $100,000 to $150,000 for goods or services and from $250,000 to $360,000 for construction. It also raises the threshold for small purchase procedures from $25,000 to $100,000. The changes aim to reflect the rising costs of goods, services, and construction since the last adjustment in 1997.

Adjusts dollar thresholds for small purchases in Hawaii procurement laws to account for inflation.

The bill amends Hawaii Revised Statutes to adjust the dollar thresholds for small purchases in procurement laws. It raises the threshold for small purchases from $100,000 to $150,000 for goods or services and from $250,000 to $360,000 for construction. It also raises the threshold for small purchase procedures from $25,000 to $100,000. The changes aim to reflect the rising costs of goods, services, and construction since the last adjustment in 1997.