Every contract modification, change order, or contract price adjustment under a City Council awarded contract in excess of 5% of the contract amount, or an aggregate of $99,999, whichever is the less, shall be subject to prior approval by City Council, after receiving a report from the City Administrator or Director of Finance as to the effect of the contract modification, change order, or contract price adjustment on the total project budget or the total contract budget. Additional funds in excess of allocated and budgeted amounts must be authorized by City Council prior to execution of a change order, contract modification, or adjustment. Lesser amounts which do not exceed 5% of the total contract price, or an aggregate of $99,999, whichever is less, may be approved by the City Administrator when sufficient funds are available and the scope and purpose of the project are not significantly altered.
(Ord. 14-17, passed 5-9-17)