Tuesday, November 21

ADDRESS: Dun Laoghaire, Dublin

EMAIL: info@dunlaoghaire.ie

DUN LAOGHAIRE BUSINESS IMPROVEMENT DISTRICT (“DL BID” or the “Company”) RULES IN RELATION TO THE PROCUREMENT OF SERVICES AND GOODS

The following rules shall apply in relation to the procurement of services and goods by DL Bid unless otherwise resolved by a written resolution of the board of directors of the Company (the “Board”):

  1. Expenditure (exclusively for the purposes of the business of the Company) of up to €2,000 (exclusive of VAT) to be approved or authorised by the CEO in writing. If there are a number of contracts with the same supplier in the same financial year which in aggregate exceeds €2,000, then such expenditure must be brought to the attention of the Board by the CEO at the earliest opportunity.
  2. Expenditure of between €2,001 and €5,000 (exclusive of VAT), three verbal quotations (to be confirmed by email) to be obtained, recommendation from the CEO to the Board and final decision by the Board (such decision, if necessary can be by email copied in to all members of the Board, to be made by at least four members of the Board).
  3. Expenditure above €5,000 (exclusive of VAT), three full written quotations, detailed written recommendation from the CEO to the Board and final decision by the Board (such decision, if necessary can be made by email copied in to all members of the Board, to be made by a majority of the members of the Board).
  4. All contracts to be awarded on the basis of most suitable and economically advantageous to the Company and on the basis of the rules regarding Disclosures attached as Appendix 1.