No bid? Not a problem

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Rockwood raises cap on spending

By Cindy Simpson

Rockwood City Council easily passed an ordinance on first reading to change its purchasing policy.

The policy change raises the $5,000 spending cap on goods and services.

If it is passes on second and final reading, goods and services costing $9,999 or less will not require a bid process.

“I think it just gives us a better business plan,” said Councilman Pete Wright.

Officials said the cost of soliciting bids was reason for getting away from it.

Under the new policy, city officials will still be required to seek three quotes for anything costing $5,000 or more.