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Item D17BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: OCTOBER 17, 2012 Bulk Item: Yes X No Division: TDC Department: Staff Contact Person/Phone #: Maxine Pacini 296-1552 AGENDA ITEM WORDING: Approval to revise TDC Operations Manual Purchasing Policy. ITEM BACKGROUND: TDC approved same at their meeting of September 11, 2012 The Monroe County Board of County Commissioners (BOCC) recently updated their Purchasing Policy. The attached is a proposed revision to the TDC Purchasing Policy which reflects the change in purchasing levels. Also updated is the property value or cost of $1,000 or more which follows the Florida Administration Code (F.A.C.) guidelines requiring local government's financial systems for inventory purposes. Upon BOCC approval, the attached policy will be incorporated into the Monroe County TDC Operations Manual. A copy of the current purchasing policy showing deletions in g14 is provided behind the proposed policy. PREVIOUS RELEVANT BOCC ACTION: CONTRACT/AGREEMENT CHANGES: STAFF RECOMMENDATIONS: Approval TOTAL COST: NO COST BUDGETED: Yes X No COST TO COUNTY: NO COST SOURCE OF FUNDS: TDC REVENUE PRODUCING: Yes X No AMOUNT PER MONTH Year APPROVED BY: County Atty X OMB/Purchasing N/A Risk Management N/A DOCUMENTATION: DISPOSITION: Revised 11/06 Included X Not Required AGENDA ITEM # e T uc ain lic PURCHASE OF ITEMS WITH TDC FUNDS: Property being defined as fixtures and other tangible personal property of a non -consumable nature purchased with TDC funds, as stated above, is owned by the BOCC/TDC and therefore must be included in the inventory listing of Monroe County and tagged accordingly as required by the Auditor General. (F.s. 274.02) All property with a value or cost of $1,000 or more and a projected useful life of 1 year or more shall be recorded in the local government's financial system as property for inventory purposes. (Rule 691- 73.002 F.A.C) TDC PURCHASING POLICY: The Monroe County TDC (also applies to District Advisory Committees) follows the purchasing procedures as outlined in the Monroe County Purchasing Policies and Procedures Manual. There are four (4) levels of purchasing as follows: PURCHASING LEVELS WHAT IS REQUIRED APPROVAL FOR TOTAL DOLLAR REQUIRED AMOUNT $.01 - $5,000.00 Requires Request to Purchase Office Manager or written or electronic to Purchasing TDC Director Signature $5,000.01 - $10,000.00 Requires Request to Purchase form TDC Director along with two (2) or more written Signature price quotes as documented by requesting departments. $10,000.01 - $49,999.99 Requires Request to Purchase form TDC Approval along with two (2) or more written And TDC Director price quotes as documented by Signature requesting departments. $50,000.00 AND OVER Requires Competitive Bid process. TDC Approval And BOCC approval BOCC prior approval required. Governed by County Ordinance, as supplemented by the Purchasing Policies and Procedures Manual. A copy of the Monroe County Purchasing Policies and Procedures Manual can be obtained by contacting the Monroe County Purchasing Department. Current TDC Purchasinaolio PURCHASE OF ITEMS WITH TDC FUNDS: Property being defined as fixtures and other tangible personal property of a non -consumable nature purchased with TDC funds, as stated above, is owned by the BOCC/TDC and therefore must be included in the inventory listing of Monroe County and tagged accordingly as required by the Auditor General. =(F.s. 274.02) �""". ' �""�g _{ �F•xc� ii�c^�r� ia-sit�-F� `��� -_ �j.�"."a^rer-t�n $F•x�r• �i�c^�r� ic^ tics�ia-sz r$".��y--t �t "i' .. .. 'C�'i�w.""�`�%..' C77" ✓ ^'�` "." W.,. .".T� '9 k'b'b '`i��� eTC `pM 'Civ "F�' .. ' 'C'A'iV�r"6q 0°'t'_:k 6�"6t$'P"6 e'i.%- 4� d 1�� k.✓L"9C,;. 9 1,",,a aaLtq 9't AI C°2 ("` fi@^B G=L 9 5k�iLSC�% k"Y$2A"4✓" i"rra±"® _"""""""Gep".�.. fir.........""""' GGTT 'C:i'r �`^` 4✓ tl 6" v !"s'' f" TDC PURCHASING POLICY: The Monroe County TDC (also applies to DAC's) follows the purchasing procedures as outlined in the Monroe County Procurement Policies. There are four (4) levels of purchasing as follows: �:..r III r$e^�$��aNce �nra�e'a'r8� ;R'�^eF'x rn�a aa-ryrr�nr--s#• V�r-�Iirg mac• wras $tea @[�}—gp�^'ec� f0r-�a-rni�^esre}�r �] �'�'ir-• U� r``�`` ��r04