A3542 — Requires certain public contract bid advertisements to contain certified cost estimate ranges, specifies grounds for rejection of all bids, and requires 50% guaranty on bids; designated as the Fairness in Bidding Act.

A3542 — Requires certain public contract bid advertisements to contain certified cost estimate ranges, specifies grounds for rejection of all bids, and requires 50% guaranty on bids; designated as the Fairness in Bidding Act. · Informed CitizenryThe Fairness in Bidding Act aims to standardize and increase transparency in how local governments and state agencies award public contracts. Before this bill was passed, rules regarding bidding we…Open in Informed Citizenry