Select Board raises small-purchase thresholds and adopts amended purchasing policy
The board adopted revisions to the town purchasing policy to align with federal-grant requirements and adjusted purchasing tiers: small purchases under $3,000 may be made by town officers; purchases above $10,000 remain subject to formal bidding. The board approved the amended policy by motion.
The full story
The Select Board discussed and adopted updates to the town purchasing policy intended to reflect grant requirements and to simplify the town's internal procedures. Staff explained the new thresholds: purchases previously allowed under $1,000 were increased to $3,000 for officer-level purchases; the mid-tier thresholds were adjusted (discussed as $3,001 up to $5,500 and higher tiers up to $10,000), and purchases over $10,000 remain subject to the bid process for competitive procurement.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.