Local Business Opportunity Policy 10-16-14.pdf

The policy statement outlines the Town of Gilbert's commitment to promoting local business opportunities through a fair and competitive procurement process. It establishes objectives to encourage participation from local vendors, obtain the best value for goods and services, and boost the town's economy. The scope of the policy applies to purchases under $50,000, requiring at least three written quotations for purchases between $10,000 and $50,000. A local vendor is defined as a business with a physical location in Gilbert, a town business license, or pays town sales tax. The document details phases for vendor database registration, department processes for obtaining vendor quotes, and vendor outreach initiatives. The policy will be implemented as a pilot project for one year, with a spend analysis conducted to evaluate the impact on local vendor participation.