The proposed bill, General Assembly Proposed Bill No. 6537, seeks to amend section 7-148v of the general statutes by increasing the threshold for sealed bidding on municipal contracts or purchases. Currently, sealed bidding is not required for contracts or purchases under twenty-five thousand dollars; the bill proposes to raise this threshold to fifty thousand dollars.

The intent of this modification is to streamline the procurement process for municipalities by reducing the number of contracts that require sealed bidding, thereby potentially expediting the awarding of contracts and purchases. This change reflects a shift in policy aimed at enhancing efficiency in municipal operations.