The bill amends Section 45-55-9 of the General Laws in Chapter 45-55, which pertains to the award of municipal contracts. It increases the maximum allowable amounts for small purchases, raising the limit for construction projects from $10,000 to $25,000, and for all other purchases from $5,000 to $10,000. The act is set to take effect on December 31, 2026.

Statutes affected:
7224: 45-55-9