A. Any purchase not exceeding $50,000.00 may be made by the Procurement Agent in accordance with this Article and the Procurement Policy adopted pursuant to this Article. Contract requirements shall not be artificially divided so as to create multiple purchases of lesser amounts. Except as set forth in Subsections 3-3-5(B) and 3-3-6(B) above, any purchase exceeding $50,000.00 shall be authorized by the Council. When it is advantageous to the Town, annual Contracts should be initiated for Services and Materials regularly purchased.

B. The Procurement Agent may sign Contracts (1) for purchases not exceeding $50,000.00 without Council approval and (2) in any amount after such Contract has been approved by the Council either as part of the annual budget or as a separate item. The Mayor may sign any Contracts of any amount as long as such Contracts have been approved by the Council. (16-13, Amended, 12/01/2016, and Restated; 13-04, Amended, 11/21/2013; 98-27, Amended, 09/03/1998; 96-44, Amended, 11/07/1996)