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The RTM unanimously approved ordinance changes raising the threshold for required formal bidding on municipal purchases from $25,000 to $35,000.
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For purchases over $35,000, Waterford must use a formal bid process. Purchases of $35,000 or less will follow the town purchasing agent’s operating rules, which may allow local vendor preferences. A proposed increase to nonresident seasonal beach fees was not approved, so the meeting did not change those fees.
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