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Mineral Wells council adopts new purchasing policy to centralize procurement and keep council review at $50,000
Summary
The Mineral Wells City Council approved a new purchasing policy and manual that shifts procurement planning from individual invoices to commodity-based budgeting, preserves council approval for purchases of $50,000 and above, and sets an effective date of Aug. 1.
The Mineral Wells City Council voted unanimously to adopt a new purchasing policy and manual intended to change how the city plans and approves purchases.
City finance staff and the city manager told the council the policy moves the city away from treating each invoice as a separate transaction and toward aggregating purchases by commodity for a fiscal year, so larger recurring buys — such as asphalt — are procured and contracted up front. The policy would take effect Aug. 1, with trainings and new forms scheduled before implementation.
The policy draws on a review…
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