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Council directs administrator to draft updated purchasing thresholds and CPI‑linked annual adjustments
Summary
Staff will prepare legislation to modernize Wildwood’s municipal purchasing rules, raising and indexing RFP/threshold limits to reflect inflation since 1995 and codifying procedures for bids, RFPs and RFQs; council asked for proposal to appear at the May meeting.
City staff and the Administration & Public Works Committee told Wildwood’s council on April 14 that the city code’s purchasing thresholds—set in 1995—have been outpaced by inflation and rising costs, and asked permission to prepare updated thresholds and an automatic annual adjustment tied to the Consumer Price Index.
The city administrator presented a…
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