Res. No. 1184 Title Resolution adopting the rule amendments of the Procurement Policy Board setting the small purchase limit for goods and services at one hundred thousand dollars. Body By Council Members Jackson, Brewer, Clarke, Comrie, Fidler, Liu, Quinn, Nelson and Gerson Whereas, Pursuant to Section 314 of the Charter, concurrent action by the Council of the City of New York and the Procurement Policy Board is necessary to establish dollar limits for the procurement of goods, services, construction or construction-related materials that may be made without competition or public advertisement-better known as the small purchase limits; and Whereas, On July 16, 2003, the Procurement Policy Board unanimously adopted a rule amendment raising the small purchase limit for goods and services to one hundred thousand dollars, thereby setting the small purchase limit to one hundred thousand dollars for all procurement categories; and Whereas, The Council finds it necessary and desirable to streamline the procurement process and reduce the processing time for all procurements while maintaining the integrity of the procurement system; and Whereas, Setting the small purchase limit to one hundred thousand dollars for goods and services will allow agencies to process procurements valued within these limits in a more efficient and cost-effective manner; and Whereas, Recognizing that such efficiencies must not compromise the integrity of the procurement system, the Council of the City of New York calls upon the Mayor and Comptroller to vigilantly monitor agency small purchases under the new limits to ensure that they comply with citywide rules; now, therefore, be it Resolved, That the Council of the City of New York adopts the amendments of the Procurement Policy Board setting the small purchase limits for goods and services at one hundred thousand dollars.