Connecticut § 4b-59a Annual adjustment of threshold cost for certain consultant services to be deemed a project.

Connecticut Statutes

§ 4b-59a — Annual adjustment of threshold cost for certain consultant services to be deemed a project.

Connecticut·Title 4b State Real Property·Ch. 60 Construction and Alterations of State Buildings

Not later than July 1, 2024, and annually thereafter, the Commissioner of Administrative Services shall (1) adjust the threshold cost for consultant services for a state program to be deemed a project for the purposes of sections 4b-1 and 4b-55 to 4b-59, inclusive, by the percentage change in the Producer Price Index by Commodity: Construction (Partial) (WPU80), not seasonally adjusted, or its successor index, as calculated by the United States Department of Labor, over the preceding calendar year, rounded to the nearest multiple of one hundred dollars, and (2) post such adjusted threshold cost on the Internet web site of the Department of Administrative Services.

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Not later than July 1, 2024, and annually thereafter, the Commissioner of Administrative Services shall (1) adjust the threshold cost for consultant services for a state program to be deemed a project for the purposes of sections 4b-1 and 4b-55 to 4b-59, inclusive, by the percentage change in the Producer Price Index by Commodity: Construction (Partial) (WPU80), not seasonally adjusted, or its successor index, as calculated by the United States Department of Labor, over the preceding calendar year, rounded to the nearest multiple of one hundred dollars, and (2) post such adjusted threshold cost on the Internet web site of the Department of Administrative Services.

Connecticut § 4b-59a (Annual adjustment of threshold cost for certain consultant services to be deemed a project.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.