ADOPTED

The adopted resolution proposes amending the Philadelphia Home Rule Charter to raise the dollar threshold for contracts requiring competitive bidding from $10,000 to $25,000, with adjustments every five years based on the Consumer Price Index. It would also set a $25,000 threshold for city concessions awarded through competitive bidding and provide for the proposed amendment to be submitted to Philadelphia voters.

Proposing an amendment to Section 8-200(2) and 8-201 of the Philadelphia Home Rule Charter, relating to contracts and concessions for which competitive bidding is required, and providing for the submission of the amendment to the electors of Philadelphia.