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Code of Newport

Table of Contents » Title 5 Municipal Finance and Taxation » Chapter 3 Purchasing Policy » § 5-303 Purchases of $5,000.00 or more submitted for bids.
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5
Title 5
5-1
Title 5, Chapter 1
5-101
§ 5-101
Newport
Title 5 : Municipal Finance and Taxation
Chapter 3 : Purchasing Policy

5-303 : Purchases of $5,000.00 or more submitted for bids.

A description of all projects and purchases, except as herein provided, that require the expenditure of city finds of five thousand dollars ($5,000.00) or more shall be prepared by the purchasing agent and submitted to the governing body for authorization to call for bids or proposals. After the determination that adequate funds are budgeted and available for a purchase, the governing body may authorize the purchasing agent to advertise for bids or proposals. The award of purchases, leases, or lease-purchases of five thousand dollars ($5,000.00) or more shall be made by the governing body to the lowest and best bid. (Ord. #07-19-05-01, July 2005)