Finance Committee - Minutes - 4/7/2021 - P18
Finance Committee - 04/07/2021 Page 18
This year, as | noted, there’s some slight price increases because construction has been strong and material
costs are going up, the price of metals have went up. So there is a small increase this year but still within that
10% criteria.
Alderwoman Lu
OK and when that happens you are not required to go out to bid is that correct?
Mr. Hudson
That’s my understanding yes.
Mayor Donchess
That’s correct.
Alderwoman Lu
Alright, thank you.
Mayor Donchess