Laserfiche WebLink
EXHIBIT 2 <br />711�1!/1411 <br />(1()NSI I�VAII()hI(-()I <br />.Serve_ <br />Iun� I � Gn•Pn the Puf�rr' <br />Purchasing Policy <br />Effective 07/01/2019 <br />Policv Purpose <br />toll free: (888) 641-CORP (2677) <br />www.i)ireyouth.org <br />The purpose of the purchasing policy is to set standards and guidelines for the procurement of supplies, <br />equipment, or services and to ensure that they are obtained as economically as possible through an open <br />and competitive process. This policy ensures they are managed with good administrative practices and <br />sound business judgement and in absent of any conflict of interest. It also ensures purchases will meet <br />any special contractual obligations and associated regulatory requirements. <br />llZETW .. <br />Purchasing policy covers both micro purchase (less than $10,000) and small purchase (greater than <br />$10,000 but less than $250,000). Other contractual requirement might be enforced in lieu of this policy, <br />such as CalRecycle anything greater than $5,000 will requires bids or approval for sole source. <br />Policy Procedure <br />Micro Purchases: <br />• None routine purchases will nood to be approved by managers/directors (can be verbal or in <br />writing). <br />• Routine purchases can be executed based on operational needs including time and effort <br />• Periodic price sampling for small purchase should be done on a minimum annual basis <br />• Ensures compliance with all contracts <br />Small Purchases: <br />• All small purchases in excess of $10,000 but less than $250,000 will need to have three bids if <br />possible or sole source justification. <br />• Sole source will need to be justified and pre -approved especially by funder. <br />• Bids will be reviewed by the Chief Financial Officer or Chief Executive Officer. <br />• Award must be specially approved in advance by the CFO or CEO <br />Ensures compliance with all contracts <br />City Council 16 — 158 7/6/2021 <br />