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Financial Management Policies Page 15 <br />Consideration may be given for the percentage of the contract that is complete in relation to the contractor’s <br />bond and the increase in the contract price. <br />Professional Services <br />Contracts for professional services such as those provided by engineers, attorneys, architects, accountants, <br />and other services requiring technical, scientific, or professional training are exempt from competitive bidding <br />requirements. However, the goals to secure professional services remain the same: to ensure all purchases are <br />consistent with Minnesota statutes, to establish internal controls, to maintain the appropriate documentation, <br />and to ensure the best value for the public money. <br />The following chart identifies the required procedures for professional services contracts. <br />Pur chas e <br /> Le ve l <br />Pur chas e <br />Pr oce s s <br /> Re quir e d <br />Appr oving <br /> Author ity Note s <br />$0 - <br /> $24,999 Qu otes De partm e nt <br />Dire ctor <br />● At l e ast tw o w ritten qu otes sh all b e obtained w he re the re is mo re <br />than o n e feasib l e so u rce. <br /> ● In cases w her e the c i ty has establ ishe d a poo l of qu al i fied <br />c onsu ltants, the con su ltant m ay be selected from the e xi sti ng poo l . <br />$25,000 <br /> and Abo ve Cou nci l <br />App roval City Cou nc i l <br />● Wh e n there i s m ore than on e feasib l e so u rce, the city shal l re qu e st <br />w ri tte n pri ce qu otatio ns i n the f orm o f a Requ est f or Pro posal fr om at <br />l east tw o so u rces. <br />● Th e qu otes sh all b e su b m itted i n w ri tten format. <br />● Th e standard c ontract shal l be aw arded to th e ser vi ce p rovi d e r w ith <br />the b e st qu al if i c ati ons an d propo sal fo r th e specif i c project. Total <br />c ost sh all not b e the on l y c onsi d er atio n, bu t m u st be in c l u ded i n the <br />an alysi s o f the proposal s. <br />Note: EDA/HRA staff will follow the purchasing policy but seek approval from their respective boards. <br />Emergency Purchases <br />Under Minnesota’s Emergency Management Act, the city has the authority to enter into contracts during an <br />emergency without following many normally required procedures. An emergency is defined as: <br />an unforeseen combination of circumstances that calls for immediate action to prevent a disaster from developing or occurring. <br />A disaster defined as: a situation that creates an actual or imminent serious threat to the health and safety of persons, or a <br />situation that has resulted or is likely to result in catastrophic loss to property or the environment, and for which traditional <br />sources of relief and assistance within the affected area are unable to repair or prevent the injury or loss. <br />During an emergency or disaster, the City Council may waive compliance with the time-consuming <br />procedures or formalities concerning: <br />1. The performance of public work <br />2. Contracting <br />3. Incurring obligations <br />4. Renting equipment <br />5. Purchasing supplies and materials <br />Emergency purchases will only be allowed when the mayor issues a proclamation declaring an emergency, and <br />the steps listed in Minn. Stat. § 12.29 are completed. <br />Credit Card Use <br />According to Minn. Stat. § 471.382, the City Council may authorize the use of a credit card by any city officer <br />or employee otherwise authorized to make a purchase on behalf of the city. This policy establishes criteria for <br />who may be issued a credit card and the specific use of the credit card. <br />Page 69 of 294