§ 58-7. Single source purchases.

Upon receipt of justification from the user department and/or the proposed single source, the finance department may select a single source without competition if, after conducting a search for available sources, the finance department together with the user department determine that only a single source is practicable or for other reasons single source is in the best interest of the village. Upon determination of a single source, contract negotiations shall commence with the single source. If contract terms are agreed upon and the single source purchasing is anticipated to have a total value of $25,000.00 or less, a contract between the village and the single source may be approved and executed by the village manager. If contract terms are agreed upon and the single source purchase is anticipated to have a total value of more than $25,000.00, the council must approve the contract between the village and the single source.

(Ord. No. 2013-37, § 3, 1-9-2014)