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023 <br />DOLLAR THRESHOLDS IN NORTH CAROLINA <br />Public Contracting Statutes <br />Dollar limits and statutory current as of September 1, 2007 <br />Requirement Threshold <br />tatute <br />formal bids <br />Construction or repair contracts <br />$500,000 and above <br />General Statute 143-129 <br />(estimated cost of contract( <br />Purchase of apparatus, supplies, materials, <br />$90,000 and above <br />General Statute 143-129 <br />and equipment <br />estimated cost of contract <br />Informal bids <br />- <br />Construction or report cantrocts <br />$30_000 to formal limit <br />1 <br />_ General Statute 143-131_ <br />Purchase of apparatus, supplies, materials, and <br />equipment <br />$30,000 to formal limit <br />General Statute 143-131 <br />Construction Methods Authorized for Building <br />Projects <br /> <br />. - <br /> <br />Separate Prime <br />Over $300,000 <br />General Stature 143-128 <br />Single Prime <br />(estimated cost of project) <br />Construction management of Risk <br />inodfy_buslness enterprise requirements <br />Building projects <br />Projects with state funding <br />$100,000 and more <br />General Statute 143128.2(n) <br />focally funded projects <br />Over $300,000 <br />General Statute 143-128.2(a) _ <br />Projects in the informal range <br />$30000 to $300.000 <br />General Statute 143-131 (b) <br />Limit on use of own forces <br />of to exceed <br />Construction or repair contracts <br />$125,000 (total project) or <br />=General atute 143-135 <br />$50,000 Tabor only <br />Bid bond or deposit <br />Building Construction 8 Repair <br />Formal bids (see above) <br />General Statute 143-129(0) <br />5% of bid due with sealed bid <br />Purchase contracts <br />Not required <br />Performance/payment bonds <br />Construction or repair contracts <br />Project over ,000 <br />General Statute 143-129(c); <br />for each contract over 50,000 <br />General Statute 44A-26 <br />Purchase contracts <br />Not required <br />General contractor's license <br />$30,000 and above <br />General Statute 87-1 <br />Use of registered architect or engineer required <br />Nonstructural work <br />$300,000 and above <br />General Statute 1331.1(a) <br />Structural repair or new construction <br />$135,000 and above <br />Affecting Life and Safety Systems <br />$ 100,000 or more <br />Selection of architect, engineer, or surveyor <br />"Best qualified" selection procedure <br />All contracts unless exempted <br />General Statute 143-64.31 <br />Exemption authorized <br />Projects where estimated fee <br />General Statute 143-64.32 <br />is less than $30,000 or other <br />projects in sole discretion of unit <br />Lee County Purchasing and Contracting Policy Page 11 <br />Amended October 19, 2009 <br />