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Community Power raises procurement threshold to $150,000, clarifies sole-source and grant rules
Summary
The committee recommended board adoption of two companion policy updates: a revised non-energy procurement policy that raises competitive solicitation threshold to $150,000 and a delegated contract authority policy that gives the CEO contract execution authority up to $150,000 and clarifies staff authority to apply for grants.
San Diego Community Power’s Finance and Risk Management Committee on Sept. 18 voted to recommend board adoption of two companion policy updates: revisions to the non-energy procurement policy and revisions to the delegated contract authority policy.
Timothy Magalma, director of finance, presented the proposed procurement updates and said the agency has not revised the procurement policy since 2022. He told the committee the principal change is increasing the competitive-solicitation threshold from $125,000 to $150,000 so that contracts valued at or above $150,000 would generally require…
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