The minimum threshold for the competitive bidding process is $5,000, per County law (RSA 28:8, RSA 28:8-b and RSA 28:8-f). This threshold applies for purchases of all kinds, contracts and leases. If the first year payment total under a contract or lease is less than $5,000 but the grand total of the stream of payments under the same contract or lease is $5,000 or greater, then the bid process does apply. For more details on the bid process, please see RFP Policy and Procedures.
What is the minimum dollar threshold for the required bid process to go into effect?
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