Federally funded projects over what amount must be publicly advertised for at least 30 days?

The correct answer is based on the federal guidelines for procurement under the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly referred to as the Uniform Guidance). For federally funded projects, the requirement to publicly advertise projects specifically applies to those exceeding $100,000. This requirement serves to promote competition and transparency, ensuring that a wide range of potential contractors are aware of the opportunity to bid on the project. By mandating a public advertisement for at least 30 days, the process helps to safeguard against favoritism and ensure that the best value is obtained for taxpayers' dollars. Lower thresholds, such as those below $100,000, do not impose the same advertising mandate, allowing for more flexible procurement processes for smaller projects.