Legal Documents of Mountain City

Code of Mountain City

Table of Contents » Title 5 Municipal Finance and Taxation » Chapter 5 Purchasing » § 5-508 Competitive Quotes $10,000.00 to $24,999.99 (Tennessee Code Annotated, § 12-3-1212).
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Title 5
5-1
Title 5, Chapter 1
5-101
§ 5-101
Mountain City
Title 5 : Municipal Finance and Taxation
Chapter 5 : Purchasing

5-508 : Competitive Quotes $10,000.00 to $24,999.99 (Tennessee Code Annotated, § 12-3-1212).

  1. All purchases of supplies, equipment, services, and contracts to be in excess of ten thousand dollars ($10,000.00) but less than twenty-four thousand nine hundred and ninety nine dollars and ninety nine cents ($24,999.99), shall be by competitive quotes and may be awarded to the lowest responsive vendor. At least three (3) written quotations are required, when possible, for these type purchases. Purchases of like items must be aggregated for purposes of the bid threshold.
  2. The purchasing agent shall verify account balances prior to issuing purchase order approval for all purchases.
  3. In the purchasing agent's absence, the mayor shall designate a suitable substitute to perform the purchasing agent' s duties. (Ord. #1821, June 2023)