[Ord. No. 2021-3244, 12-14-2021]
The following terms shall be defined as stated for purposes of this Chapter:
APPROPRIATIONThe legal authorization of monies for anticipated or incurred expense.
AUTHORIZED PURCHASERAn approved employee of the City who has been nominated by a Department Head and appointed by the City Manager to make purchases at a specified monetary level on behalf of the City. The Accounts Payable Clerk shall maintain the list of authorized purchasers as supplied by the Department Heads.
BUDGETA document which sets forth proposed revenues and expenses to be incurred during a fiscal year for the various City operations.
CONSTRUCTIONThe process of building, altering, repairing, improving or demolishing any public structure or facility or other public improvement of any kind.
CONTRACTA legally binding promise enforceable by law and, generally, in writing.
COOPERATIVE PURCHASING AGREEMENTA legally binding contract approved by the City Council entered into by the City, the United States of America, the State of Missouri or any of the subordinate agencies or departments and any other approved organization which manages a cooperative purchasing program to obtain goods and services at the most advantageous price for its members and the City specifically.
COST COMPARISONSAn informal analysis of the amounts paid or requested for a product or service accomplished through personal contact, printed or digital media.
DEPARTMENTSIncludes administration, finance, police, fire, cemetery, parks and recreation, community development, public works, Municipal Court, wastewater and the office of the City Clerk.
EXISTING PURCHASING CONTRACTA contract previously entered into by the City and currently existing including, but not limited to, a term-and-supply contract, an annual contract, a maintenance contract and a warranty contract.
FORMAL WRITTEN BIDA competitive bid which must be submitted in response to an advertised request in a prescribed format pursuant to applicable instructions, including typically that the bid be submitted in a sealed envelope to be opened in public at a specified time.
ITEMA product, material or service.
MATERIAL VALUEThe value of an item to be purchased or sold, to be determined in the first (1st) instance by the department head.
OPEN MARKET SALEThe sale of an item of property in a market in which any buyer or seller may trade and in which prices and product availability are determined by free competition.
PROCUREMENTPurchasing, renting, leasing or otherwise acquiring any supplies, services, property or construction, including performance of any necessary functions such as writing specifications, selection and solicitation of sources, preparation and award of contract and contract administration.
PURCHASE ORDERAn offer to make a contract between the City and a vendor. The contract is not binding until it is accepted by the vendor.
QUOTATIONA statement of price, terms of sale and description of property, goods or services offered by a vendor to a prospective purchaser by digital communication, letter, fax, telephone or other means of communication. A quotation (or "quote") is not required to be in writing from the vendor; however, some written memorandum of the elements listed above must be maintained.
SPECIFICATIONSA description of the physical or functional characteristics or the nature of a supply, service, property or construction item; the requirements to be satisfied by a product or process; indicating, if appropriate, the procedures to determine whether the requirements are satisfied and/or the capabilities and performance characteristics that the item must satisfy.
TERM AND SUPPLY CONTRACTSA term and supply contract is an open-ended contract for specific goods or services that the City uses on a regular basis. The City establishes term and supply contracts to maximize the volume of purchases across all of the departments. Once these contracts have been established, purchasing requires that the vendor selected be used for applicable purchases.