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Finance committee approves procurement‑policy amendments, adjusts contract thresholds
Summary
The committee approved updates to the city procurement policy, including clarifying contract authorization, adding purchase order language for contracts $10,000 or less, and aligning an intergovernmental contract floor at $10,000. A resident urged lowering thresholds during difficult economic times.
The Wausau Finance Committee voted March 11 to adopt amendments to the city’s procurement policy, including updates to contract authorization language and a $10,000 floor for intergovernmental contracts.
A resident, Paula Meadows, urged the committee to lower procurement thresholds because of economic pressures, suggesting temporary reductions (for example, changing the $10,000…
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