Number
101306
Version
Substitute 1
Reference
Sponsor
Ald. Bohl
Title
A substitute resolution relating to reverse auction purchasing.
Analysis
This resolution directs the City Purchasing Director and the Commissioner of Public Works to conduct 6 reverse auctions in the next 8 months and then report the results of these reverse auctions to the Common Council with in 45 days of the final sixth auction.
Body
Whereas, Reverse auctions give vendors the opportunity to openly bid against each another the lowest price they are willing to sell specified goods and services, and promise to yield the lowest market price to buyers; and
Whereas, Recent changes in the Milwaukee Code of Ordinances give the City Purchasing Director and the Commissioner of Public Works to option to use reverse auctions when purchasing goods and services for the City; and
Whereas, The Common Council is anxious to learn how much reverse auction purchasing in likely to save the City on goods and services as the Common Council considers the impact of proposed state funding cuts on City services; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the City Purchasing Director is directed to conduct not fewer than 6 reverse auctions in the 9 months following adoption of this resolution to purchase a variety of goods or services as described in Attachment A; and, be it
Further Resolved, That the Commissioner of Public Works is directed to conduct not fewer than 6 reverse auctions in the 9 months following adoption of this resolution to purchase a variety of goods or services where the expected contract is more than $25,000 as described in Attachment B; and, be it
Further Resolved, The City Purchasing Director and the Commissioner shall report the results of these reverse auctions to the Common Council not later than 45 days after completing the sixth reverse auction.
Requester
Drafter
LRB #125300-1
Aaron Cadle
02/14/11