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]L1111 tAIILliA <br /> <br /> September 21, 1990 <br /> <br />TO: Cabarrus County Board of Commissioners <br />FROM: Diane W. Seaford, Budget Officer ~L~ <br />SUBJECT: Purchasing Policy Change <br /> <br /> Please find attached a copy of the existing and the proposed amended pol/cy <br />concerning bid bond requirements. The suggestion has been made by the Institute of <br />Government that our pol/cy be revised to require bid bonds on purchasing contracts <br />under $100,000 only when specified by the County Manager. I would therefore <br />recommend that the current pol/cy be amended as proposed. Thank you for your <br />attention to this matter. <br /> <br />DW$/thh <br /> <br />Attachment <br /> <br /> Office of the County Manager <br /> P.O. Box 707 · ConcoTd. NC 28026-0707 · (704) 788-8100 · Charlotte 375-04_°7 <br /> <br /> <br />