Title
A Resolution amending the Lexington-Fayette Urban County Government procurement regulations to increase the amount of an expenditure for which the government is not required to legally advertise for bids from $20,000 to $30,000, and approving, adopting and restating the regulations to be effective as amended on July 1, 2019. [Div. of Purchasing, Slatin]
Summary
Authorization to revise the Lexington-Fayette Urban County Government (LFUCG) Procurement Regulations, effective July 1, 2019. No Budgetary impact. (L0570-19) (Slatin/O'Mara)
Budgetary Implications [select]: NO
Advance Document Review:
Law: { Yes, Completed by [Barberie, 5-16-19]}
Risk Management: {N/A}
Fully Budgeted [select]: N/A
Account Number: N/A
This Fiscal Year Impact: N/A
Annual Impact: N/A
Project:
Activity:
Budget Reference:
Current Balance:
Body
WHEREAS, pursuant to House Bill 26, enacted by the 2019 Kentucky General assembly, the Lexington-Fayette Urban County Government May increase the amount of an expenditure for which it is not required to legally advertise for bids from $20,000 to $30,000; and
WHEREAS, the Lexington-Fayette Urban County Government would like to raise the amount of its bids that would require legal advertisement from $20,000 to $30,000 and make other changes to its Procurement Regulations consistent with HB 26.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Lexington-Fayette Urban County Government hereby amends the attached "Lexington-Fayette Urban County Government Procurement Regulations" to increase the amount of and expenditure for which the Lexington-Fayette Urban County Government is not required to legally advertise for bids from $20,000 to $30,000, and make other changes consistent with HB 26, enacted by the 2019 Kentucky General Assembly.
Section 2 - That the Lexington-Fayette Urban County Government hereby approves, adopts, and restates the "Lexington-Fayette Urban ...
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