CONTRACTS THAT MEET THE THRESHOLD FOR BOARD APPROVAL $1 MILLION OR GREATER

Board of County Commissioners · 2026-05-19 · agenda_item

The Board of County Commissioners, Martin County, has approved a policy requiring board approval for contracts valued at $1 million or greater. This policy change means that any contract meeting or exceeding this financial threshold will now require formal review and approval by the Board of County Commissioners. This process is now approved and in effect. The scope of work this policy impacts involves all future contracts that meet the specified value. This includes a wide range of services and supplies procured by the county. Local contractors, trades, suppliers, and service providers should be aware of this new requirement for contracts valued at $1 million or more. Understanding this policy early allows businesses to prepare their proposals and documentation to meet the board's approval standards, potentially gaining a competitive advantage.

threshold for board approval

1 million dollars