FINANCIAL BUSINESS REQUEST (FBR)
Motion/Request:
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MOTION to approve Standing Bid Waivers as follows: Vendors included in the Town of Ledyard Standing Bid Waiver List for FY 2025, Capital Region Purchasing Council Bids, State of Connecticut bids, other states' bids, purchasing cooperatives (i.e. Sourcewell) , and federal government bids.
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Background:
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In accordance with Ordinance #200-001 entitled “An Ordinance for Purchasing” the purchasing thresholds are as follows: (1) For purchases of goods or services between $5,000 - $14,999 the Town shall solicit a minimum of three quotes; and (2) For purchases over $15,000, a minimum of three (3) proposals are required through a competitive bid process. In addition, annually the Town Council approves a “Standing Bid Waiver List” for unique vendors, lowest possible prices obtainable, sole vendors, and fewer than three bidder situations, noting that the Town’s Purchasing Ordinance requires them to request competitive bids for items in excess of $15,000.
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Department Comment/Recommendation:
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Finance Director Comment/Recommendation:
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Mayor Comment/Recommendation:
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