Authorized.
The Purchasing Agent may sell personal property which is obsolete, unusable, and estimated
to be $25,000 or less in value in an open market sale.
(b)
Informal bids.
If practicable and if the amount of the sale is estimated to be between $5,001 and
$25,000, both inclusive, the Purchasing Agent shall solicit at least three informal
bids on all open market sales.
(1988 Code, § 15-86) (Bill No. 171, 1989, § 1, 1-20-1990; Bill No. 69-95, § 6, 7-1-1995;
Bill No. 49-96, § 7, 7-1-1996; Bill No. 65-98, § 1, 7-10-1998; Bill No. 83-00, § 2,
7-1-2004)
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