SB254

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

The bill amends Hawaii Revised Statutes to adjust the dollar thresholds for small purchases in state procurement. It raises the limit for small purchases from $100,000 to $150,000 for goods or services and from $250,000 to $360,000 for construction. It also modifies the threshold for small purchase procedures from $25,000 to $100,000, provided that comparable legal services are not available in the state. The changes aim to reflect current economic conditions and ensure administrative simplicity and competition in procurement processes.