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HomeMy WebLinkAbout~Master - Revision to Purchasing Policies regarding bid threshold limits RESOLUTION NO. 12-635 RESOLUTION APPROVING PROPOSED REVISION TO PURCHASING POLICIES REGARDING BID THRESHOLD LIMITS FOR THE CITY OF AMES,IOWA WHEREAS, on October 23, 2012, the City Council approved a revision to the City Purchasing Policies to follow the State of Iowa statutory limits set by the Horizontal Vertical Bid Threshold subcommittees; and, WHEREAS, the changes to the bid thresholds become effective January l of the year following when the adjustment is made by the subcommittee; and, WHEREAS, currently,the City's bid threshold is based on the 2012 threshold and was set by the City Council when it revised the purchasing policy in October 2012, and the current thresholds for 2012 are$67,000 for horizontal construction and$125,000 for vertical construction; and, WHEREAS, proposed revisions effective January 1, 2013, are as follows: the competitive bid threshold for horizontal infrastructure is $70,000; vertical infrastructure is $130,000; and, the competitive quote threshold for vertical infrastructure is $72,000; and, WHEREAS, increasing the bid threshold will allow smaller projects to be bid without the need for a bid bond or publishing a public notice to bidders, thus eliminating these costs to the project; and, WHEREAS, the performance bond will remain a requirement at $25,000 and the specifications and drawings will be required to be stamped by a registered architect, engineer, or landscape architect, if the project is determined to be a public improvement, regardless of the estimated value of the work. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the aforementioned revisions to the Purchasing Policies regarding bid threshold limits effective January 1, 2013, are hereby approved. ADOPTED THIS 18t' day of December, 2012. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Goodman Seconded by: Davis Voting aye: Davis, Goodman, Larson, Orazem, Szopinski, Wacha Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 18`'day of December, 2012.