157.03 COMPETITIVE BIDDING AND NOTICE REQUIREMENTS.
   Pursuant to Revised Charter Section 8.02(b) and Ordinance 52-11, a threshold amount of $150,000 is established for competitive bidding.
   (a)    Current Competitive Bidding Threshold or More. For the award of contracts reasonably anticipated by the Village to involve expenditures equal to or greater than the current competitive bidding threshold, competitive bidding and legislative authorization shall be required, unless an exception or alternative is otherwise provided by Council.
      (1)    In estimating the anticipated expenditure to determine whether the competitive bidding threshold will be exceeded, the labor portion of the expenditure may be calculated without the use of prevailing wage rates.
   (b)    Less than the Current Competitive Bidding Threshold. The Mayor or Administrator, if so designated, may, without competitive bidding or further legislative authorization, enter into contracts for expenditures of less than the current competitive bidding threshold for which Village funds have been generally appropriated, provided that price quotes are obtained and documented as required by administrative order based upon the amount of the estimated expenditure.
   (c)    Notice. All bid advertisements or other solicitations for Competitive Bidding shall be placed at least once in any of the following: a newspaper of general circulation within the Village; or, on the Village's website.
      (Ord. 08-13. Passed 1-28-13.)