(a) Where a check has been deposited with a bid which through inadvertence of the bidder has not been certified, or the amount is insufficient by an amount less than ten percent (10%) of the required amount under the provisions of Section 181.24, the Board of Control, when satisfied that it is in the public interest to do so, may waive such informality or irregularity and approve the contract to the lowest and best bidder notwithstanding such informality or irregularity.
(b) In the event of any waiver by the Board, the Mayor shall transmit to Council, at the next regular meeting thereafter, a report of the waiver containing the name of each bidder, the amount of each bid, the purpose and amount of the contract awarded and the nature and reason for the waiver.
(Ord. No. 1819-08. Passed 12-8-08, eff. 12-10-08)