Sec. 254.024. COMPETITIVE BIDDING. (a) The board may award a contract involving the expenditure of more than $15,000 only by competitive bidding. (b) Competitive bidding is not required: (1) for a contract for: (A) personal or professional services; (B) a real estate transaction; (C) operation of an improvement or facility under a specific agreement for a limited term; or (D) insurance; or (2) if the board determines that the delay posed by the competitive bidding procedure would prevent or substantially impair the operation of island property.
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