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File #: 2024-1429   
Type: Unfinished Business Status: Agenda Ready
File created: 4/10/2024 In control: City Council Regular Meeting
On agenda: 5/9/2024 Final action: 5/9/2024
Title: Introduction of an Ordinance amending Article IV, Division 2, Procurement, of Chapter 2, Administration, of the Code of Ordinances, City of Huntsville to increase small dollar threshold to $10,000. Ordinance No.
Sponsors: Finance
Attachments: 1. Small Dollar Threshold Complete

Department:  Finance

Subject:                                                                                                                                                Type of Action:   Introduction                 

title
Introduction of an Ordinance amending Article IV, Division 2, Procurement, of Chapter 2, Administration, of the Code of Ordinances, City of Huntsville to increase small dollar threshold to $10,000.

 

Ordinance No. 

 

 

 

 

 

 

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Finance Information:

 

Account Number: N/A

City Cost Amount: $ N/A

Total Cost: $ N/A

Special Circumstances:

 

Grant Funded: $ N/A

Grant Title - CFDA or granting Agency: N/A

Resolution #: N/A

 

Location: (list below)

 

Address:  N/A

District:  District 1      District 2       District 3       District 4      District 5 

 

Additional Comments:  

With the increasing of the competitive bid threshold from $15,000 to $30,000 per Legislative Act 2023-135, a request is being made to increase the small dollar threshold from $5,000 to $10,000 to further streamline the purchasing process for departments by removing the need to obtain multiple quotes for small dollar purchases that would not be subject to the competitive bidding process.