n. Limits on Contracts Exceeding $25,000 and Term more than 1 Year . In the event this

City Commission Meeting · 2026-06-11 · agenda_item

This notice concerns a standard legal requirement for city contracts. Any agreement over $25,000 with a term longer than one year must include specific language about available funding. This language ensures that the city only enters into contracts for which funds are budgeted and available. This process is currently under review as part of standard city commission meeting procedures. While this item does not describe a specific construction project, it sets the financial and legal framework for future city contracts. Contractors, suppliers, and service providers who anticipate bidding on city projects exceeding these thresholds should be aware of these requirements. Understanding these terms early can help businesses prepare for future bidding opportunities.

contract threshold

25000 $

contract term threshold

1 year