Section 7-3-306 - Competitive bidding

Where the charter for a metropolitan government requires purchases in excess of one thousand dollars ($1,000) be made on the basis of competitive bidding, 'competitive bidding' means:Dollar amount of purchase: Requirement;$1,000 to $3,999.99....................Three (3) verbal, including telephone, ....................quotations required$4,000 to $9,999.99....................Three (3) written, including faxed, ....................quotations required$10,000 and above....................Competitive sealed bids or request for ....................proposalsActs 1995, ch. 160, § 1.