Contracts, as that term is defined in M.S. § 471.345, Subd. 2, as it may be amended from time to time, in amounts estimated to exceed $25,000 but not exceed $100,000 shall be approved by the City Council and may be made upon either sealed bids or by direct negotiation pursuant to M.S. § 471.345, Subd. 4, as it may be amended from time to time, by obtaining 2 or more quotations for the purchase or sale when possible, and without advertising for bids or otherwise complying with the requirements of competitive bidding, or pursuant to the best value alternative process established by M.S. § 471.345, Subd. 4a, as it may be amended from time to time, with recommendation(s) by the chief purchasing agent in a manner of purchasing deemed most favorable to the interests of the city, or pursuant to any other procedure authorized in state law. All quotations shall be kept on file for at least 1 year after receipt.
(Prior Code, § 2-20) (Ord. 369, passed 8-27-2002; Am. Ord. 531, passed 1-25-2011)