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Board authorizes $10,000 procurement threshold for airport director; finance manager to advise
Summary
The board approved a motion authorizing the airport director to procure supplies, materials, and services with a $10,000 threshold for individual contracts without prior joint authority approval; purchases must follow the City of Guthrie purchasing policy.
The airport board voted Aug. 12 to authorize the airport director to make procurement purchases of supplies, materials and services up to $10,000 without prior approval by the joint airport court, with any purchase over that amount requiring prior board approval.
The motion specified that all procurement must be conducted in accordance with the City of Guthrie purchasing policy. Board members asked whether $10,000 was an adequate threshold; the director said 99% of day-to-day purchases will be under that figure but that larger items, such as a new beacon lens, would be brought to the board.
A board member asked the finance manager for input; the finance manager said adequacy varies by department but did not propose a specific alternate figure during the meeting. The board unanimously approved the threshold and noted that the director may still bring purchases under $10,000 to the board if he prefers.
