Massachusetts H3436 amends procurement parity rules to increase the threshold for certain procurement processes from $50,000 to $100,000.

Massachusetts H3436 modifies chapter 30B of the General Laws to adjust the procurement parity threshold from $50,000 to $100,000. This change affects several sections, including sections 4, 6A, 5, and 6, where the procurement amount is specified. The bill mandates that for procurements between $10,000 and $100,000, a procurement officer must seek quotations from at least three suppliers. The procurement officer must then award the contract to the supplier offering the best quality at the lowest price, unless another procurement method is chosen.

Massachusetts H3436 amends procurement parity rules to increase the threshold for certain procurement processes from $50,000 to $100,000.

Massachusetts H3436 modifies chapter 30B of the General Laws to adjust the procurement parity threshold from $50,000 to $100,000. This change affects several sections, including sections 4, 6A, 5, and 6, where the procurement amount is specified. The bill mandates that for procurements between $10,000 and $100,000, a procurement officer must seek quotations from at least three suppliers. The procurement officer must then award the contract to the supplier offering the best quality at the lowest price, unless another procurement method is chosen.