Relating to: local government competitive bidding thresholds. (FE)

SB 216 increases local government competitive bidding thresholds for public works contracts. It raises the bidding threshold from $25,000 to $50,000 and the notice threshold from $5,000 to $10,000 for general public contracts. For highway contracts, it sets a bidding threshold of $25,000 and a notice threshold of $5,000. The bill also establishes automatic annual inflation adjustments to these thresholds using the U.S. consumer price index, rounded to the nearest $1,000, every five years. This affects towns and counties when contracting for public construction, repairs, or improvements.