(1) Purchases up to ten thousand dollars ($10,000.00) may be made without formal purchasing procedures as long as the price is known to be fair and reasonable within the available market.

(2) Purchases greater than ten thousand dollars ($10,000.00) but less than twenty-five thousand dollars ($25,000.00) require the solicitation of three (3) or more written quotes using an applicable purchasing form. If three (3) quotes cannot reasonably be obtained, a written justification must be documented on an applicable purchasing form.

(3) Purchases of twenty-five thousand dollars ($25,000.00) or greater, but no more than thirty-five thousand dollars ($35,000.00) require the same competitive bid procedures as required for large purchases, unless waived in writing by the City Manager with justification provided on an applicable purchasing form. Justification for waiving large purchase procedures may include the need for expedited procurement and conservation of City resources. At a minimum, procedures for purchases greater than ten thousand dollars ($10,000.00) but less than twenty-five thousand dollars ($25,000.00) must be utilized.