The Lyme School •  Lyme, New Hampshire
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Policy Manual


Policy: DJE
Purchasing of Goods and Services


Purchases under $5,000 will be at the discretion of the administration. All purchase contracts for goods and services involving an expenditure of between $5,000 and $25,000 shall be awarded on the basis of three competitive estimates wherever practical and feasible. All purchase contracts for goods and services involving an expenditure of $25,000 or more shall be awarded solely on the basis of a publicly advertised, sealed bidding process involving at least three bidders.

The Board reserves the right to reject any or all bids and to accept that bid which appears to be in the best interest of the District. The Board reserves the right to waive any formalities, or reject any or all bids or any part of any bid. Any bid may be withdrawn prior to the scheduled time for the opening of bids. Any bid received after the time and date specified shall not be considered. The Board also reserves the right to negotiate with any bidder when all bids exceed the budgeted appropriation.

The bidder to whom the award is made may be required to enter into a written contract with the District.
Board approval shall be required prior to the purchase of any item of $25,000 or more.
Whenever possible, local vendor participation should be encouraged.

ADOPTED: 11 October 1979
REVISED: 21 March 1996
10 December 1998
27 January 2005