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BOOK 22 i).Ac 018 DOLLAR THRESHOLDS IN NORTH CAROLINA Public Contracting Statutes Dollar limits and statutory current as of September 1, 2007 Requirement Threshold tatute Formal bids Construction or repair contracts $500,000 and above General Statute 143-129 (estimated cost of contract) Purchase of apparatus, supplies, materials, $90,000 and above General Statute 143-129 and equipment estimated cost of contract Informal bids Construction or repair contracts $30,000 to formal limit General Statute 143-131 Purchase of apparatus, supplies, materials, and General Statute 143-131 equipment $30,000 to formal limit Construction Methods Authorized for Building Projects Separate Prime Over $300,000 General Stature 143-128 Single Prime (estimated cost of project) Dual Bidding Construction Management at Risk Inortty-business enterprise requirements Building projects Projects with state funding 100,000 and more General Statute 143-128.2(a) Locally funded projects Over $300,000 General Statute 143-128.2(a) Projects in the informal range $30,000 to $300,000 General Statute 143-131 (b) Limit on use of own forces of to exceed Construction or repair contracts $125,000 (total project) or General Statute 143-135 $50,000 labor only) Bid bond or deposit Building Construction & Repair Formal bids (see above) General Statute 143-129(b) 5% of bid due with sealed bid Purchase contracts Not required Performance/payment bonds Construction or repair contracts Project over 300,000 General Statute 143-129(c); for each contract over 50,000 General Statute 44A-26 Purchase contracts Not required General contractor's license $30,000 and above General Statute 87-1 Use of registered architect or engineer required Nonstructural work $300,000 and above General Statute 133-I.1(a) Structural repair or new construction $135,000 and above Affecting Life and Safety Systems $100,000 or more Selection of architect, engineer, or surveyor "Best qualified" selection procedure All contracts unless exempted General Statute 143-64.31 Exemption authorized Projects where estimated fee General Statute 14344.32 is less than $30,000 or other projects in sole discretion of unit Lee County Purchasing and Contracting Policy Page 11 Adopted July 20, 2009