[Adopted 9-2-2021 by L.L. No. 4-2021]
As used in this article, the following terms shall have the
following meanings:
BEST VALUE
As defined in State Finance Law § 163, as such
may be amended from time to time.
PURCHASE CONTRACT
All purchase contracts, including service contracts, but
excluding any purchase contracts necessary for the completion of a
public works contract pursuant to Article 8 of the Labor Law, as such
may be amended from time to time.
Pursuant to the provisions of General Municipal Law § 103,
the Board of Trustees is hereby authorized, if and when it is determined
by such Board to be in the best interests of the Village, to award
a particular purchase contract on the basis of best value.
Such authority may be exercised by the Board of Trustees with
regard to any such purchase contract, whether or not it reaches the
threshold requiring competitive bidding, pursuant to General Municipal
Law § 103.