The Purchasing Agent will be responsible for general oversight of the Village purchasing activities. The following parameters will define the level of oversight needed:
Purchases Under $2,500 - Subject to the review of the Purchasing Agent. Requests for competitive price quotes should be procured, when possible. The Purchasing Agent shall review pricing by all vendors throughout the year.
Purchases $2,500 to $24,999 - Three competitive price quotes must be received. Quotations should be in writing, on the vendor's letterhead, or can be documented on the Village Purchase Explanation Form. All quotations received are subject to verification by the purchasing agent.
Purchases over $24,999 - Must be competitively bid and approved by the Mayor and Village Board of Trustees.