2022 Bid, Quote Limits Set
The state Department of Labor & Industry published notice of the 2022 bid limits in the December 18, 2021, issue of the Pennsylvania Bulletin. On January 1, 2022, the minimum purchase amount that will require the advertisement for bids will increase from $21,300 to $21,900. In addition, the minimum purchase amount for telephone quotes will increase from $11,500 to $11,800. While the increase in the consumer price index was 5.4% for the 12-month period ending September 30, there is an annual cap of 3% on increases to these limits.