1. Competitive Bids. The City will observe State of Iowa bidding requirements as outlined in the Code of Iowa.
2. Contracts. Contracts exceeding $5,000.00 will be presented to the City Council for consideration.
3. Change Orders under $10,000. The Finance Director may authorize a change order for an additional unit of material, equipment, or service under $10,000.00 to an existing or recent purchase order previously approved by Council, if the circumstances requiring the change order were unforeseen or unanticipated, and the Finance Director certifies that the low compliant bidder agrees to hold the same price per unit open to allow the City to make the additional purchase, and the change order is limited to 10% of the original contract price.
4. Annual Purchase Agreements. The Finance Director is hereby expressly authorized to enter into annual purchase agreements for the purchase of materials, equipment, supplies, or services that are consistently needed by City departments, that because of the type of materials, equipment, supplies, or services or unknown required quantity of the materials, equipment, supplies, or services a purchase agreement for a fixed amount is not reasonable or cost efficient. Such annual purchase agreements shall state that the Finance Director may purchase necessary materials, equipment, supplies, or services with the successful bidder for that particular material, equipment, supplies, or services at the determined price as needed by the City. Such annual purchase agreements shall, as much as possible, be negotiated or rebid annually.