Page 400 - CityofHasletFY25AnnualBudget
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II. Types of Purchases

               There are several different  types of  purchases.  Many of these require different
               approaches.  Since  non-routine categories of purchases will frequently require more
               time to process, they should be minimized.


               Capital Items/Fixed Assets

               All capital items, regardless of  dollar  amount, are to go  through the  purchase order
               procedure.  Capital items/Fixed assets are those items costing more than $ 3,000 and
               having a useful life of more than one-year.  Capital expenditures should be charged to a
               fixed  asset account.   These items typically are:  buildings and improvements;
               improvements to buildings and land; water mains and  meters; automotive equipment
               and computer equipment.

               Emergency

               Emergency purchases are  made  to meet a critical,  unforeseen need of the City, as
               further defined herein.  Because the City’s ability to serve the public would be impaired
               if purchases  are not  made  immediately, emergency  purchases  are exempt from
               standard purchasing procedures.  City of Haslet public safety vehicle repairs would fall
               in this category if the vehicle needing repairs would hinder the City’s ability to serve the
               public by being out of service.

               Unforeseen Damage to Equipment


               A procurement which is necessary because of unforeseen damage to public machinery,
               equipment,  or other  property does not require competitive bidding.  “Unforeseen
               damage” does not include the equipment wearing out or  damage due to lack  of
               maintenance.


               Sole Source

               Sole source purchases are goods and services available from only one supplier due to
               a number of reasons:  items that are available from only one source because of patents,
               copyrights, secret process, or  natural monopolies;  films,  manuscripts or books; gas,
               water and other utility services; captive replacement parts  or components  for
               equipment; books,  papers and  other library materials  for a public library that are
               available only from the persons holding exclusive distribution rights to the materials; and
               management services provided by a nonprofit organization to a  municipal museum,
               park, zoo or other facility to which the organization has provided significant financial  or
               other benefits.





               Purchasing Policies                                                                    Page 5

               Haslet Adopted Budget FY 2024-2025                                                         398
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