NSITE DOCUMENT
RESOLUTION #### New Procurement Policy (eff 10-01-2020) (draft-v1).docx
- Library: Purchissues
- Year Created: 2020
- File Type: DOCX
The document is a resolution passed by the City Commission of Altamonte Springs, Florida, repealing the existing purchasing policy and adopting a new procurement policy effective October 1, 2020. The resolution aims to ensure fair and open competition in public procurement, modernize bid thresholds, and align with other Central Florida agencies. It establishes definitions related to procurement, outlines the roles and responsibilities of the Procurement Manager, sets minimal thresholds for competitive solicitation methods, allows for exceptions to these thresholds, details procedures for emergency purchases, authorizes the issuance of purchase orders, and directs the establishment of procurement procedures and practices. Additionally, the resolution defines fixed assets as properties valued at $1,000 or more with a life expectancy of one year or more.