Staff recommends retaining Broomfield's current procurement practices; values‑based changes would need a costly disparity study
Finance and procurement staff reviewed current ‘‘best value’’ contracting practices and researched values‑based procurement. Staff advised against immediate change, saying a formal disparity study and additional staffing would be required before adopting preferences (e.g., for disadvantaged, local, sustainability or prevailing‑wage criteria).
The full story
Deputy Director of Finance David Acevedo Yates and procurement staff briefed council on Broomfield’s procurement practices and whether the city should move to a values‑based or preference model that prioritizes categories such as women‑owned, minority‑owned, veteran‑owned, locally based firms, sustainability practices or prevailing (living) wage.
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