Legal Documents of Baxter

Code of Baxter

Table of Contents » Title 5 Municipal Finance and Taxation » Chapter 3 Municipal Purchasing » § 5-307 Sealed bid requirements: twenty five thousand dollars ($25,000.00) or greater.
Baxter
Title 5 : Municipal Finance and Taxation
Chapter 3 : Municipal Purchasing

5-307 : Sealed bid requirements: twenty five thousand dollars ($25,000.00) or greater.

  1. On all purchases and contracts estimated to be in excess of twenty five thousand dollars ($25,000.00), except as otherwise provided in this chapter, formal sealed bids shall be submitted at a specified time and place to the purchasing agent. The purchasing agent shall submit all such bids for award by the board of mayor and councilmen at the next regularly scheduled board meeting or special-called meeting together with the recommendation as to the lowest responsive bidder.
  2. Notice inviting bids shall be published at least once in a newspaper of general circulation in Putnam County. The newspaper notice shall contain a general description of the article(s) to be secured, and the date, time, and place for opening bids.
  3. In addition to publication in a newspaper, the purchasing agent may take other actions deemed appropriate to notify all prospective bidders of the invitation to bid, including, but not limited to, advertisement in community bulletin boards, metropolitan newspapers, professional journals, and electronic media. (2011 Code, § 5-307, modified)