The formal competitive solicitation thresholds set forth below for building improvements and public works projects shall, for each year after 2020, increase by three percent (3%) or the actual positive net percent change in the consumer price index, whichever is less.
A. Building Improvements: The procurement of building improvements does not require formal competitive solicitation unless the estimated total amount of the purchase or contract exceeds fifty thousand dollars ($50,000). The procurement of building improvements with an estimated total amount of the purchase or contract totaling fifty thousand dollars ($50,000) or less shall be performed by a request for quote process pursuant to 3-1-8A.
B. Public Works Projects: The procurement of public works projects does not require formal competitive solicitation unless the estimated total amount of the purchase or contract exceeds one hundred seventy-five thousand dollars ($175,000). The procurement of public works projects with an estimated total amount of the purchase or contract totaling one hundred seventy-five thousand dollars ($175,000) or less shall be performed by a request for quote process pursuant to section 3-1-8A. (Ord. 19-54, 12-11-2019, Effective at 12 noon on January 6, 2020)