ResolutionFor Information Only
Relationship to the Strategic Plan / Health Impact Assessment
This report refers to operational matters
Report SummaryContracts Awarded from January 1 - March 31, 2018 During the reporting period there were Fourteen (14) Contract Awards of over $50,000, which includes four (4) Standing Offers.
Bid Solicitations are advertised electronically on the City’s website in the form of either Request for Tender or Request for Proposal. Where a Request for Tender is used, the Award is to the Lowest Compliant Bid. Where a Request for Proposal is used, the Award is to the highest scored Bid based on Best Value defined as the optimal balance of performance and cost determined in accordance with pre-defined evaluation criteria; all in accordance with the Purchasing By-Law.
Sufficient funding exists within the previous approved budgets. Council approved policies for the Operating and Capital Budgets enable staff to reallocate budget dollars in order to award tenders when the tendered amount exceeds the budgeted amount. The budget amount is an estimate whereas the tendered amount is the actual cost received by the City through a competitive tender process from the marketplace.