Loading...
HomeMy WebLinkAbout5.F.8. Purchasing Limits CITY OF SHAKOPEE Memorandum ~ ~ TO: Mayor and Council Mark McNeill, City Administrator FROM: Gregg Voxland, Finance Director SUBJ: Purchasing Limits DATE: May 29, 2008 Introduction State law setting the threshold amount for quotes and formal bids is increasing August 1st. This change applies to the state and almost all political subdivisions. Background City code section 2.05 sub 5H. currently reads as follows: (City Administrator) "Purchase or enter into contracts for previously budgeted items when the amount thereof does not exceed $10,000, and purchase or enter into contracts for previously budgeted services, when the annual amount of such contract does not exceed $10,000. For items and services in excess of $10,000, the City Administrator shall receive estimates, quotations, proposals, or sealed bids, as appropriate, and present them to the Council for official action" . State law is increasing the threshold for quotations from $10,000 to $25,000. City code is currently at $10,000. There some comments made by council members at a recent meeting about not changing the amount but there didn't seem to be a consensus on the issue. The threshold for formal bids goes from $50,000 to $100,000. There are cost savings and significantly less staff time involved in doing quotes rather than formal bids, specifications and advertising, and it is much quicker. Current city code does not contain a threshold for going to formal bids but follows state law. Alternatives 1. Status quo - keep quotation threshold at $10,000. 2. Increase quotation threshold to $25,000. 3. Increase quotation threshold to $15,000. A. Status quo - follow state law for formal bids. B. Amend city code to require formal bids at $50,000. Recommendation Several staff members had expressed support for increasing the quote threshold. At a recent council meeting there were comments from council to the. effect of not increasing the quote threshold. Staff is recommending increasing the quotations threshold to $15,000. It is recommended to continue following state law for formal bids due to the cost and time efficiency compared to quotations. Action Move to direct staff to prepare an amendment to the City Code to increase the purchasing threshold for quotations from $10,000 to $15,000 and to follow state law for the threshold for formal bidding. Gre g Voxland Finance Director H:\Finance\docs\