NORTH CAROLINA GENERAL ASSEMBLY

1971 SESSION

 

 

CHAPTER 847

HOUSE BILL 1167

 

 

AN ACT TO AMEND ARTICLE 8 OF CHAPTER 143 OF THE GENERAL STATUTES TO INCREASE THE LIMITS FOR PURCHASES AND CONTRACTS ON FORMAL BIDS.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 143-129, as the same appears in the 1969 Cumulative Supplement to the 1964 Replacement Volume 3C of the General Statutes, is hereby amended as follows:

"(a)       by striking out of the third line thereof the words and figures 'seven thousand five hundred dollars ($7,500.00)' and inserting in lieu thereof the words and figures 'ten thousand dollars ($10,000)';

(b)        by striking out of the fifth and sixth lines thereof the words and figures 'two thousand dollars ($2,000.00)' and inserting in lieu thereof the words and figures 'two thousand five hundred dollars ($2,500)';

(c)        by changing the semicolon in line 23 thereof to a period and striking out all of the remainder of the paragraph following such semicolon."

Sec. 2.  All laws and clauses of laws in conflict with the provisions of this act are hereby repealed.

Sec. 3.  This act shall become effective upon its ratification.

In the General Assembly read three times and ratified, this the 13th day of July, 1971.