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C+� <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 />Statute <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 a ui ment <br />estimated cost of contract <br />Informal bids <br />_,0.00_ to formal limit <br />_ <br />Construction or repair contracts <br />General Statute 143-131 <br />Purchase of apparatus, supplies, materials, and <br />ui ment <br />30,000 to formal limit <br />General Statute 143 131 <br />Construction Methods Authorized for Building <br />Projects <br />Over $300,000 <br />Separate Prime <br />General Stature 143-128 <br />Single Prime <br />(estimated cost of project) <br />Dual Bidding <br />Construction Management at Risk <br />--�— <br />ino. t -business enterprise requirements- <br />equiremenhBuilding <br />Buildingprojects <br />Projects with state funding <br />$100,000 and more <br />General Statute 143-128.2(a) <br />Local funded projects - <br />Over J300,000 <br />General Statute 143-128.2(a)_ <br />Projects in the informal ran a <br />$30,000 to LW0,000 <br />General Statute 143-131 (b) <br />Umit on use of own forces <br />Not to exceed <br />Construction or repair contracts <br />$125,000 (total project) or <br />General Statute 143-135 <br />0,000 labor onl <br />Bid bond or deposit <br />Building Construction & Repair <br />Formal bids (see above) <br />General Statute 143129(b) <br />5% of bid due with sealed bid <br />Purchase contracts <br />Not re uired <br />Performance/payment bonds <br />Construction or repair contracts <br />Project over $300,000 <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 133-1.l (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 14364.32 <br />is <br />less than $30,000 or other <br />1projects <br />in sole discretion of unit <br />Lee County Purchasing and Contracting Policy Page 11 <br />Amended October 19, 2009 <br />