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TRANSPORTATION AGENCY FOR MONTEREY COUNTY Memorandum | |
| | | | | | | | To: | Board of Directors | From: | Rita Goel, Director of Finance & Administration | Meeting Date: | March 25, 2020 | Subject: | Contracts Awarded under $50,000 |
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| | | | | | | | RECOMMENDED ACTION: | RECEIVE list of contracts awarded under $50,000. |
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| | | | | | | | SUMMARY: | The list of contracts awarded by the Transportation Agency for Monterey County for services under $50,000 approved by the Executive Director is submitted each month in accordance with the Agency's Procurement Policies to keep the Board informed. |
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| | | | | | | | FINANCIAL IMPACT: | The revenue source for each specific contract is in the approved Agency budget or has been approved by a specific Agency Board action. |
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| | | | | | | | DISCUSSION: | The Procurement Policies of the Transportation Agency for Monterey County state that contracts for services and annual extensions of such contracts for $50,000 or less may be approved by the Executive Director, if the revenue source for the specific contract is in the approved Agency budget or is approved by a specific Agency Board action. The policies also require the Executive Director to submit a report to the Board identifying any contracts valued at $50,000 and under, entered into in the preceding quarter.
The attached list of contracts awarded by the Transportation Agency for Monterey County for services under $50,000 approved by the Executive Director is submitted each month to keep the Board informed. |
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