Prior to the adoption of Ord. 018178 on 07/19/2004, Section 2-466 read as follows.

    (a) No contract shall be awarded and no purchase shall be made amounting to five thousand dollars ($5,000.00) or more, until advertisement for sealed bids shall have been made by publication in a newspaper of general circulation in the city at least five (5) days prior to the time set for opening bids. All bids shall be sealed and addressed to the purchasing division and shall be deposited before 2:00 p.m. on the day fixed in the notice therefor and shall be opened by the head of the purchasing division at his office between the hours of 2:00 p.m. and 5:00 p.m. of the day on which such bids are closed, if practicable, and if not practicable on that day, then between those hours of the earliest day thereafter that the head of the purchasing division may be able to open same. Each such bidder shall deposit with the head of the purchasing division, when required by him, cash or a certified check drawn on some solvent bank or trust company in any amount not less than five (5) percent of his bid, such deposit to be forfeited to the city in case the successful bidder shall fail or refuse to execute the contract.

    (b) Upon opening such sealed bids, it shall be the duty of the head of the purchasing division to immediately examine such bids and decide as to their regularity in conformity to the requirements of the advertisement and specifications or form of bid, and no bid shall receive consideration that fails to conform thereto.

    (c) The head of the purchasing division may accept the bid which in his judgment is the lowest and best bid, or he may reject any or all bids.

(Code 1964, § 2.710; Ord. No. 13511, § 1, 11-16-92)