[Adopted 1-10-2013 by L.L. No. 1-2013]
New York State no longer requires that purchase contracts be
awarded solely to the "lowest responsible bidder." General Municipal
Law § 103(1) now also permits purchase contracts to be awarded
on the basis of "best value" to a "responsive and responsible bidder."
The best value method optimizes quality, costs and efficiency among
responsive and responsible offerors and only applies to the purchase
of goods and services. It does not apply to public works contracts.
The intent of the best value option is to allow governments the ability
to purchase products and services that may not be the lowest in initial
price, but due to factors such as product life or quality may provide
a more cost-effective long-term solution.
As used in this article, the following terms shall have the
meanings indicated:
BEST VALUE
Defined in New York State Finance Law § 163. When
awarding contracts under the best value standard, the Village must
consider the overall combination of quality, price, and other elements
of the required commodity or service that in total are optimal relative
to the needs of the Village.