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Peekskill agencies to align procurement thresholds with state rules; executive director limits to be proposed
Summary
Auditor and state guidance prompted revisions: raise public-work bid threshold from $20,000 to $35,000 and equipment/materials threshold from $10,000 to $20,000; board asked staff to research peer agencies and recommend new executive-director purchase-authority amounts (discussion suggested raising the $500 limit toward $5,000).
Abby explained auditor-recommended procurement-policy changes to conform to state procurement thresholds. The proposed changes increase the public-work bidding threshold from $20,000 to $35,000 and the purchasing threshold for materials and equipment from $10,000 to $20,000 to match state guidelines.
Board members discussed what discretionary authority the executive director should retain for purchases below these thresholds. Abby noted the current executive authority was $500 and the board discussed raising it—Alan and Justin suggested $5,000 could be reasonable to avoid delays for small or construction-related changes. Staff will survey comparable IDAs and return with recommendations and rationale at the next meeting.
