(a) All purchases of contractual services, commodities, and capital outlay and all sales of personal property, of the estimated value of fifty thousand dollars ($50,000) or less, shall be made in the open market, without newspaper advertisement and without observing the formal contract procedure. All open market purchases shall, whenever possible, be based on competitive quotes and shall be awarded to the lowest and best responsible vendor. Personal property sales shall be made on a competitive basis to the highest responsible bidder.
(b) Purchases of five thousand dollars ($5,000) or less shall not require competitive quotes and may be obtained through a proper purchase order requiring only the approval of the Department Head initiating the purchase request and the Finance Director.
(Ord. 12-14. Passed 4-7-14.)