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Finance commissioner proposes raising small‑purchase threshold from $1,500 to $3,000; MWBE impact reviewed
3425748 · May 21, 2025
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Summary
Mike Cannizzaro, the city’s commissioner of finance, proposed raising the procurement threshold for single‑quote purchases from $1,500 to $3,000 and presented staff findings on MWBE vendor impacts.
Mike Cannizzaro, the city’s commissioner of finance, asked the council to consider raising the procurement threshold for single‑quote purchases from $1,500 to $3,000.
Cannizzaro said the change would apply to small, commodity-type purchases rather than longer-term vendor contracts, and that MWBE…
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