AWARDING BID FOR CALIFORNIA AVENUE STREETLIGHT - ci marina ca 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by reviewing the document sections, including the resolution details and bid information. Familiarize yourself with the context of the project.
  3. Fill in your contractor information in the designated fields, ensuring accuracy for all contact details and company name.
  4. Complete the pricing section by entering your bid amount clearly. Ensure that it aligns with your proposal and is competitive.
  5. Review any additional requirements outlined in the contract section, such as insurance and compliance statements, and ensure you can meet these conditions.
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Effective January 1, 2025, the adjusted bid threshold has increased from $114,500 to $114,800.
Pursuant to the above calculation, and effective January 1, 2025, the State Superintendent has determined that the inflation adjusted bid threshold will increase from $114,500 to $114,800.
Section 7107 Pub. Contr. Code 7107(a). California Public Contract Code section 7107 requires payment of undisputed retention amounts to the contractor within 60 days from completion of a job. The date of completion is defined as one of four different events, which may occur at different times.
A bid threshold is the dollar amount set by a governing body which dictates when formal procurement procedures must be initiated for contracts. Typically, this means that if an anticipated contracts value exceeds the bid threshold, a competitive bidding process is required by law.
The Superintendent of Public Instruction has raised the bid threshold limit for non-construction, competitively bid contracts. It is now set at $114,800 effective January 1, 2025. Public Contract Code section 20111(d) provides for an annual inflationary increase determined by the Superintendent of Public Instruction.
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