How the City Buys
In anticipation of the growing hardship posed by the economic effects of the COVID-19 Coronavirus, City of Alcoa and City of Maryville electric, water and wastewater utilities suspended cut-offs and new late fees from March 25 until April 23. Read on...
Purchases of $25,000 or less are made on the open market. Whenever possible, these purchases are based on informal quotations, as follows:
- Purchases up to $2,500: A single "Best Quote" is obtained with most purchases delegated to responsible employees that employ the City "P" Card authority.
- Purchases over $2,500 and up to $10,000: Quotes are obtained from at least three suppliers. Quotations may be solicited by mail, telephone, fax or personal visits by salespersons.
- Purchases for more than $10,000 require a formal Solicitation on the part of the City. Such purchases of supplies, goods, equipment and contractual services (except as otherwise provided in the City Code) are purchased on the basis of formal, competitive, sealed bids which are issued in accordance with the terms of the Solicitation or Invitation. Solicitations may take the form of RFPs, RFBs, RFIs or a less formal RFQ or any other industry accepted form of Solicitation.