This bill amends sections 16-321 and 17-568.01 of the Reissue Revised Statutes of Nebraska to increase the minimum bidding amount requirements for cities of the first class, cities of the second class, and villages. Specifically, the bill raises the threshold for contracts related to enlargement or general improvements, such as water extensions, sewers, public heating systems, and bridges, from thirty thousand dollars to ninety thousand dollars. This change requires that any contract exceeding this new amount must first be approved by the respective city council or village board of trustees, and an estimate of the cost must be submitted prior to making such contracts.

Additionally, the bill outlines the conditions under which municipal electric utilities can enter into contracts without advertising for bids, with new thresholds established based on the utility's gross annual revenue. For example, contracts for amounts up to ninety thousand dollars can be made without bids, and higher thresholds are set for utilities with greater revenues. The bill also includes provisions for emergency situations where the usual bidding process can be waived. The original sections 16-321 and 17-568.01 are repealed as part of this legislative update.

Statutes affected:
Introduced: 16-321, 17-568.01
Final Reading: 16-321, 17-568.01
Slip Law: 16-321, 17-568.01