(1) A local public agency may adopt regulations, not inconsistent with KRS 45A.345 to 45A.460, governing the following: (a) Conditions and procedures for delegations of purchasing authority; (b) Prequalification, suspension, debarment, and reinstatement of pro spective bidders; (c) Modification and termination of contracts; (d) Conditions and procedures for the purchase of perishables and items for resale; (e) Conditions, including emergencies, and procedures under which purchases may be made by means other than competitive sealed bids; (f) Rejection of bids, consideration of alternate bids, and waiver of informalities in offers; (g) Confidentiality of technical data and trade secrets information submitted by actual and prospective bidders or offerors; (h) Partial, progressive, and multiple awards; (i) Supervision of store rooms and inventories, including determination of appropriate stock levels and the management, transfer, sale, or other disposal of government-owned property; (j) Definitions and classes of cont ractual services and procedures for acquiring them; (k) Procedures for the verification and auditing of local public agency procurement records; (l) Annual reports from those vested with purchasing authority as may be deemed advisable in order to insure th at the requirements of this chapter are complied with; and (m) Such other regulations as may be deemed advisable to carry out the purposes of KRS 45A.345 to 45A.460 or otherwise fulfill the local public agency's procurement responsibilities. (2) All local public agency ordinances and regulations pertaining to procurement, whether promulgated under KRS 45A.345 to 45A.460 or otherwise, shall be maintained by the local public agency and shall be available to the public upon request at a cost not to exceed the cost of reproduction. (3) Local school districts may adopt policies, not inconsistent with KRS 45A.345 to 45A.460, governing the conditions and procedures under which purchases of supplies may be made elsewhere. These policies shall include a pro vision that supplies purchased under this section shall meet any applicable contract specifications and not exceed two thousand five hundred dollars ($2,500).
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