(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.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 5 - Source Selection and Contract Formation
Section 511 - Methods of source selection
Section 512 - Competitive sealed bidding
Section 512.1 - Competitive electronic auction bidding
Section 513 - Competitive sealed proposals
Section 514 - Small procurements
Section 515 - Sole source procurement
Section 516 - Emergency procurement
Section 518 - Competitive selection procedures for certain services
Section 519 - Selection procedure for insurance and notary bonds
Section 520 - Supplies manufactured and services performed by persons with disabilities
Section 521 - Cancellation of invitations for bids or requests for proposals
Section 531 - Debarment or suspension
Section 532 - Prequalification of bidders and offerors
Section 533 - Security and performance bonds
Section 534 - Cost or pricing data
Section 541 - Approval of accounting system
Section 542 - Multiterm contracts
Section 543 - Effective contracts
Section 551 - Right to inspect plant
Section 552 - Right to audit records
Section 561 - Finality of determinations
Section 562 - Anticompetitive practices