HomeMy WebLinkAboutResolution-2002-0027
RESOLUTION NO. 27-2002
Series of 2002
TITLE: A RESOLUTION AMENDING RESOLUTION NO 02, SERIES 2001, PURCHASING POLICY
BE IT RESOLVED THAT
Paragraph 4 of Resolution 02, Series 2001, is hereby amended to read as follows
3 Informal quotes are required from three sources for all purchases of supplies, materials and
equipment between three thousand dollars ($3,000) and under ten thousand dollars ($10,000)
Informal quotes are required from three sources for all services between ten thousand dollars($10,000)
and under twenty-five thousand dollars ($25,000).
Informal quotes are required from three sources for construction projects between twenty-five thousand
dollars ($25,000) and under fifty thousand dollars ($50,000).
Purchasing shall keep written records of all quotations with the purchase orders
4 Formal sealed competitive Bids is required on all purchases of supplies, materials, and equipment
estimated at ten thousand dollars ($10,000) or over.
Formal sealed Request for Proposals is required on all services estimated at twenty-five thousand
dollars ($25,000) or over. Professional, consultative services or technical services shall be obtained in
accordance to the Colorado Revised Status (CR24-30-1403) Professional Services.
Formal sealed competitive bidding is required for Construction Projects estimated at fifty thousand
dollars ($50,000) or over.
Regulated public utilities or other governmental agencies are exempted from this policy State Bid prices and
bids by other government entities on all supplies, materials, equipment, or services may be used in lieu of a
sealed bidding by the City when such purchases are in the best interest of the City of Wheat Ridge Gasoline
purchases and postage are exempt.
Paragraph 10 of Resolution No 02, Series 2001, is hereby amended to read as follows
10 Each purchase requisition for three-thousand dollars ($3,000) or over must be approved by the
appropriate Department Head or Designee prior to placing any purchase order.
Each purchase requisition for twenty-five thousand dollars ($25,000) or over must be approved by the City
Manager prior to processing the purchase order or agreements
All purchases over twenty-five-thousand dollars ($25,000) shall be presented to the City Council for official
decision and award
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DONE AND RESOLVED THIS VJ. ><( day of
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