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 amends several state laws governing public contracts for state colleges, county colleges, public schools, and local public contracting units. The bill requires that adve…Open in Informed Citizenry