Tuesday, April 27, 2010

North Carolina Approves In-State Bidder Preference

North Carolina Governor Bev Purdue signed Executive Order 50 on February 17, 2010 that would permit state agencies to award contracts for the purchase of goods to "qualified North Carolina companies whose price is within five percent (5%) or $10,000.00 of the lowest bid, whichever is less."  

Rather than awarding at a higher price, the Executive Order calls for a "price-matching preference."  Thus, a North Carolina bidder within the dollar thresholds on their bid would be provided the opportunity to match the price of the low bid and thus be awarded the contract.

Additional information about this bidder preference may be found at the following:
The intent of the Executive Order is to provide "an immediate economic benefit to North Carolina citizens and companies during these difficult economic times."

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