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All work or other public improvement which is not to be paid for in whole or in part by special assessment or special taxation, and all purchases, orders or contracts for supplies, materials, equipment or contractual services, except as otherwise provided herein, when the estimated cost thereof shall exceed $10,000, shall be purchased from the lowest responsible bidder, after due notice inviting bids, unless competitive bidding is waived by a vote of two-thirds of the Trustees then holding office.
(2007 Code, § 1-2-26)
(A) Notice inviting bids shall be published at least once in a newspaper with general circulation within the village.
(B) The village shall also advertise all pending work or purchases by posting a notice on the public bulletin board in the Village Hall.
(2007 Code, § 1-2-26)
(A) When deemed necessary by the Board of Trustees, bid deposits shall be prescribed in the public notices inviting bids.
(B) (1) Unsuccessful bidders shall be entitled to the return of their bid deposits upon the award of the contract by the Board of Trustees.
(2) A successful bidder shall forfeit any bid deposit required by the Board of Trustees upon failure on his or her part to enter into a contract within ten days after the award.
(2007 Code, § 1-2-26)
(A) Sealed. Bids shall be submitted sealed to the village and shall be identified as bids on the envelope.
(B) Opening. Bids shall be opened in public at the time and place stated in the public notice.
(C) Tabulation. A tabulation of all bids received shall be made by the Board of Trustees or by a village employee, in which event, a tabulation of the bids shall be furnished to the Board of Trustees at its next regular meeting.
(2007 Code, § 1-2-26)
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