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Lake Havasu City Council raises purchasing threshold to $100,000, amends contract rules
Summary
Council adopted an ordinance changing procurement thresholds and contract amendment limits; the measure passed 5-1. Staff said the change is intended to speed purchasing and boost small-business participation.
The Lake Havasu City Council on April 8 adopted changes to the city procurement code that raise the council review threshold from $50,000 to $100,000 and increase the contract amendment exemption from 5% to 10%, among other revisions.
Miss Olsen, the city procurement presenter, told the council the changes are intended to streamline purchasing, reduce staff time spent on routine procurement and make it easier for local small businesses…
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