Procurement Policy.pdf

Penrith Town Council's procurement policy outlines the rules and procedures for purchasing goods, materials, and services. The policy adheres to national rules, including the Public Contracts Regulations 2015, and sets local rules to achieve best value. Key points include:

The council will strive for best value, considering price, quality, and supplier services.
Purchases will be made locally where possible, and the council will promote tender opportunities on its website.
The council will follow thresholds for procurement:
+ Up to £15,000: 3 written quotes required.
+ £15,001-£25,000: advertised on the council's website.
+ £25,001-£50,000: advertised on the council's website and Contract Finder.
+ £50,001-GPA threshold: advertised on the council's website, Contract Finder, and potentially other public advertisements.
+ Above GPA threshold: advertised on the Find a Tender Service, the council's website, and Contract Finder.
The council may use pre-qualification questionnaires (PQQs) for procurements above the lower GPA threshold.
* Single source justifications may be necessary in exceptional circumstances, requiring authorization by the Town Clerk and reporting to the Finance Committee and/or Full Council.