Selectboard adopts updated procurement policy to align with Vermont law
Summary
The Selectboard unanimously adopted an updated Procurement Policy at its Aug. 10 meeting, raising purchasing thresholds to reflect current projects and reduce routine approvals; the change was described as needed to close audit findings.
The Bristol Selectboard voted unanimously Aug. 10 to adopt an updated Procurement Policy intended to align the town’s purchasing thresholds with Vermont statute and the Town’s current project scale.
Town Administrator Greg Faust told the Board that staff had incorporated the Selectboard’s prior notes and circulated a revised draft the prior week. Faust said the policy raised many dollar figures that had been "much lower than appropriate for a town of Bristol’s size," noting some thresholds previously would have required Board approval "even to pre-buy fuel." Chair Ian Albinson said the policy had not been updated in roughly ten years and that the revisions should reduce audit concerns and let the Town Administrator move projects forward without repeated routine approvals.
A motion by Michelle Perlee, seconded by Peeker Heffernan, to adopt the Procurement Policy passed unanimously. Chair Albinson directed staff to finalize the policy, distribute copies and post it to the appropriate locations. He also previewed additional policy work on Personnel and Conflict of Interest policies for future meetings.
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