109.02 CONTRACTS AND BIDS.
   (a)   No contracts in excess of five thousand dollars ($5,000) shall be entered into without prior approval of the Board of Control. Any contracts in excess of fifty thousand dollars ($50,000), shall first be authorized and directed by ordinance of Council. Any contracts in excess of fifty thousand dollars ($50,000) duly authorized by Council shall require no further action by the Board, except as set forth in Section 109.03. All contracts for goods and materials fairly estimated to exceed fifty thousand dollars ($50,000) shall be competitively bid unless exempted by ordinance or State law.
(Ord. 32-1990. Passed 2-5-90; Ord. 285-1999. Passed 12-20-99; Ord. 20-2001. Passed 2-5-01; Ord. 60-2018. Passed 5-7-18.)
   (b)   In cases of extreme emergency, Council may, by ordinance, authorize a contract without newspaper advertising or posting. The bids shall be opened at the time set in the notice to the bidders by the officer authorized in the ordinance, or by the Mayor in case none is authorized, and publicly read by him or her.
   (c)   Each bid shall contain the full names of every person or company interested in it and shall be accompanied by a sufficient bond or certified check on a solvent bank. If the bid is accepted, a contract will be entered into and the performance of it properly secured. If the work bid embraces both labor and material, they shall be separately stated with the price thereof. The authorized officer or the Mayor, as the case may be, may reject any and all bids. Where there is reason to believe there is collusion or combination among bidders, then the bids so concerned shall be rejected. No contract will be awarded in excess of 110% of the amount budgeted or in excess of 110% of the engineer’s or architect’s estimate of the work to be performed. The contract shall be written in a form approved by the Director of Law. The Board may award the contract to the lowest and best bidder.
(Ord. 13-1989. Passed 1-17-89; Ord. 117-2008. Passed 5-5-08.)