The New Jersey Department of Education just updated their website with the Consumer Price Index (CPI). For student transportation contract renewals for the 2023-2024 school year, the CPI has been announced at 5.86%.

In addition, the bid threshold for quoted (unanticipated) and parental student transportation contracts is $20,200.00 effective until June 30, 2023.

All procedures and forms can be found here on their website.