Common use of Small Purchases Clause in Contracts

Small Purchases. Notwithstanding the requirements of Section 4.01(c) above, with respect to procurements of any item of Eligible Equipment with a cost of Five Thousand Dollars ($5,000) or less (“Small Purchases”), the City may, in its sole and absolute discretion, authorize Funding Recipient to obtain a bid from only one (1) Eligible Vendor, it being understood and agreed that procurement requirements shall not be artificially divided so as to constitute a Small Purchase. Accordingly, items of Eligible Equipment that constitute a unit shall be deemed to constitute one (1) item of Eligible Equipment and all procurements of similar or substantially similar items of Eligible Equipment shall be deemed to constitute one procurement. In each such case, the cost of all such items of Equipment shall be aggregated for the purpose of determining whether a procurement of Eligible Equipment constitutes a Small Purchase hereunder.