§ 90.055 CONTRACTS EXECUTED UNDER THRESHOLD.
   For contracts that were properly signed without prior Board approval, the Executive Director may sign any amendments provided that the total cost or consideration to Metra of the underlying contract and all amendments does not exceed the applicable authority limit. Once the threshold limitations are reached, all subsequent amendments require prior Board approval. Where the Executive Director’s authority in these regulations is limited by term or duration, authority is granted to extend the term or duration of any document for a period sufficient to allow Board review of a replacement agreement or longer-term extension.
(Ord. MET 19-03, passed 3-20-2019)