Pages from General-Procurement-Manual-2.pdf

The document outlines the guidelines and policies for multi-year contracts in the City of Austin's Central Procurement department. It explains that multi-year contracts are used for ongoing purchases that span multiple fiscal years and must specify whether quantities are definite or indefinite. The document also details the authorization process for multi-year contracts based on value thresholds, justifications for entering into such contracts, maximum term limits, and the possibility of contract extensions. Additionally, it specifies the responsibilities for contract management and decision-making regarding extensions within the Citywide contracts.