Title
Proposed Procurement Policy Amendment for Compliance with the
Code of Federal Regulations
Body
Agenda of: June 20, 2018
Item No.: 2018-811
Amount: N/A
TO: The Honorable
Board of Directors
Great Lakes Water Authority
FROM: Sue F. McCormick
Chief Executive Officer
Great Lakes Water Authority
DATE: June 20, 2018
RE: Proposed Procurement Policy Amendment for Compliance with the
Code of Federal Regulations
MOTION
Upon recommendation of Nicolette Bateson, Chief Financial Officer/Treasurer, The Board of Directors (Board) of the Great Lakes Water Authority (GLWA), amend the GLWA Procurement Policy to comply with the Code of Federal Regulations (CFR) and authorizes the CEO to take such other action as may be necessary to accomplish the intent of this vote.
BACKGROUND
GLWA receives federal funds passed through State Revolving Fund Loans, which requires compliance with the related Federal Regulations 2 CFR Part 200 and new citations in the new "Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Grants". In addition to the information below, attached is the AICPA April 2018 summary compliance requirements.
Implementation is required by fiscal year end June 30, 2018.
Synopsis of Changes for Operating Federal programs as subrecipients of the State:
The major revision to the procurement requirements are the following five (5) methods of procurement with dollar thresholds associated to each method of procurement. Section 200.320 found below describes the five methods of procurements:
1) Micro-purchase (less than to $3,500),
2) Small purchase (less than $150,000),
3) Sealed bids purchases (more than $150,000),
4) Competitive proposal purchases (more than $150,000), and
5) Noncompetitive purchases (special circumstances which are applicable for all purchase levels).
All five procurement types must comply with the Procurement Standards in section 200.318, also found below, wh...
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