[HISTORY: Adopted by the Board of Trustees
of the Village of Tivoli 4-1-1996; amended in its entirety 6-21-2014 by L.L. No. 2-2014. Subsequent amendments
noted where applicable.]
Goods and services that are not required by law to be procured
pursuant to competitive bidding must be procured in a manner as to
assure the prudent and economical use of public moneys in the best
interest of the taxpayers; to facilitate the acquisition of goods
and services of maximum quality at the lowest possible cost under
the circumstances; and to guard against favoritism, improvidence,
extravagance, fraud, and corruption. To further these objectives,
the Board of Trustees shall adopt a procurement policy governing all
procurements of goods and services which are not required to be made
pursuant to the competitive bidding requirements of General Municipal
Law (GML) § 103 or of any other general, special, or local
law. The procurement policy shall be reviewed at least annually by
the Village Board.