Dollar Range | Quotation or Bid Requirements |
$0—$4,999 | Whether quotations or bids are sought shall be at the discretion of the Town Manager |
$5,000—$9,999.99 | A minimum of 3 telephone quotations shall be sought |
$10,000—$24,999.99 | A minimum of 3 written quotations shall be sought |
$25,000.00 and up | Formal solicitation with newspaper advertising with requirement of sealed bid shall be sought from a minimum of 3 suppliers/vendors. The town may waive the sealed bid and/or advertisement requirements when determined it's in the best interest of the town, or an emergency is declared |
(1996 Code, § 3.12.060) (Ord. 102, passed - -1981; Ord. 110, passed - -1982; Ord. 20-02, passed 4-14-2020)