Fiscal Management - Purchasing Procedure

Question 1

The fiscal officer conducts quarterly internal audits of…

Answer 1

BOI UC funds
BOSO ERU fund
BOA central records fund

Question 2

What is the amount cutoff for decision makers if emergency purchases?

Answer 2

$20,000

Question 3

If an item costs more than $20,000 who authorizes the purchase without competitive bidding

Answer 3

The Mayor

Question 4

Per Fiscal Management Policy, all purchases over $20,000 are required to be purchased by

Answer 4

Competitively sealed bids