§ 14-47-138 - Competitive bidding required.
               	 		
14-47-138.    Competitive bidding required.
    (a)  Before  making any purchase of or contract for any supplies, materials, or  equipment, and before obligating the city under any contract for the  performance of services or for the construction of municipal  improvements, where the anticipated cost to the city of the transaction  exceeds the maximum amount established by the board of directors under  the authority of    14-47-120, opportunity for competitive bidding shall  be given under such rules and regulations as the board may, by  ordinance, prescribe, and the contract shall be consummated only on a  bid approved by the city manager and by the board.
(b)  The  board, by ordinance, may waive the requirement of competitive bidding  in exceptional situations where this procedure is not feasible, but  lacking such exceptional situations, the board may not except any  particular contract, purchase, or sale from the requirement of  competitive bidding.
(c)  All purchase and sale records of the city shall be open to public inspection.