Franklin County commissioners are considering a change to the county's procurement policy.
The current policy, which has been in effect since 2012, requires that any purchase over 10 thousand dollars made by a county department has to go out for bid.
The 10 thousand dollar threshold has proved to be overly restrictive as 10 thousand dollars doesn't go quite as far as it did 10 years ago and is making it difficult for departments to make purchases or get repairs done in a timely manner.
The county is now considering increasing the threshold to 25 thousand dollars before a purchase has to be put out for bid.
Purchases from $10,000 to $25,000 will require the informal solicitation of 3 quotes and approval by the County Coordinator or Fiscal Manager.
The draft policy is currently being reviewed to ensure compliance with Federal requirements and then will be forwarded for review by the county attorney.
Once the review process is complete, the policy will come back for formal adoption by the county commission.
No comments:
Post a Comment