This article shall not be applicable to the following Contracts:
A. Contracts for the investment of:
(1) City trust moneys or bond proceeds;
(2) pension funds;
(3) indentures, security enhancement agreements for City tax-exempt and taxable financings;
(4) deposits of City surplus funds in financial institutions;
(5) the investment of City moneys in securities permitted under the California State Government Code and/or the City’s investment policy;
(6) investment agreements;
(7) repurchase agreements;
(8) City moneys invested in United States government securities; and
(9) Contracts involving City moneys in which the Treasurer or the City Administrative Officer finds that the City will incur a financial loss or forego a financial benefit, and which in the opinion of the Treasurer or the City Administrative Officer would violate the Treasurer’s or the City Administrative Officer’s fiduciary duties.
B. Grant funded Contracts if the application of this article would violate or be inconsistent with the terms or conditions of a grant or grant Contract with an agency of the United States, the State of California or the instruction of an authorized representative of any of those agencies with respect to any grant or grant Contract.
C. Contracts with a governmental entity such as the United States of America, the State of California, a county, city or public agency of one of these entities, or a public or quasi-public corporation located in the United States and declared by law to have a public status.
D. Contracts awarded on the basis of exigent circumstances whenever an Awarding Authority finds that the City would suffer a financial loss or that City operations would be adversely impacted unless exempted from the provisions of this article. This finding must be approved by the DAA prior to Contract execution.
E. Contracts for goods covered under a United States patent and only available from a single source.
F. Contracts for repairs, alterations, work or improvements declared in writing by the Awarding Authority to be of urgent necessity for the preservation of life, health or property. The declaration shall give the reasons for the urgent necessity and must be approved by the Council or its designee.
G. Contracts entered into during time of war or national, state or local emergency declared in accordance with federal, state or local law, where the Council adopts a resolution by two-thirds vote and is approved by the Mayor, the suspension of any or all the restrictions of Section 371 of the Los Angeles City Charter or their applicability to the Awarding Authority.
H. Contracts for equipment repairs or parts obtained from the manufacturer of the equipment or its exclusive agent.
SECTION HISTORY
Added by Ord. No. 185,600, Eff. 7-18-18.