The proposed bill, General Assembly Proposed Bill No. 6537, seeks to amend section 7-148v of the general statutes by increasing the threshold for municipal contracts or purchases that do not require sealed bidding. Specifically, the bill raises this threshold from twenty-five thousand dollars to fifty thousand dollars.

This change aims to streamline the procurement process for municipalities by allowing them to bypass the sealed bidding requirement for contracts or purchases below the new threshold of fifty thousand dollars, thereby potentially reducing administrative burdens and expediting the acquisition of goods and services.