Pennsylvania Statutes
§ 543 — Effective contracts
Pennsylvania § 543
JurisdictionPennsylvania
Title 62PROCUREMENT
PartPART I
Ch. 5SOURCE SELECTION AND CONTRACT FORMATION
Subch.TYPES OF CONTRACTS
This text of Pennsylvania § 543 (Effective contracts) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
62 Pa. Cons. Stat. § 543 (2026).
Text
(a)General rule.--Irrespective of the type of contract, no contract shall be effective until executed by all necessary Commonwealth officials as provided by law.
(b)Certain contracts.--Those Statewide requirements contracts where the total dollar purchasing amount, based upon estimated quantities, is in excess of $1,000,000 shall not be effective unless first approved by the State Treasurer. The $1,000,000 amount shall be adjusted each year by the department to reflect the annual percentage change in the Composite Construction Cost Index of the United States Department of Commerce occurring in the one-year period ending December 31 each year.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
3
Cite This Page — Counsel Stack
Bluebook (online)
Pennsylvania § 543, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/62/543.