0:32
Speaker A
11:41 - 12:13
"What we have on the books now is only one kind of preference. We have only a local preference for invitations to bid only. And right now, it is based on a sliding scale. We give a 5% bid preference capped at $5,000 on purchases up to $166,000. We go to 3% if you're not to exceed $10,000 on purchases in the next rung, and then finally it caps out at a 2% preference not to exceed $20,000 on purchases over half a million."
“What we have on the books now is only one kind of preference. We have only a local preference for invitations to bid only. And right now, it is based on a sliding scale. We give a 5% bid preference capped at $5,000 on purchases up to $166,000. We go to 3% if you're not to exceed $10,000 on purchases in the next rung, and then finally it caps out at a 2% preference not to exceed $20,000 on purchases over half a million.”
- Speaker
- Speaker A
- Timestamp
- 11:41 – 12:13
- Community
- Alaska News
- Location
- Anchorage
- Captured at
- May 27, 2026
From the transcript
What we have on the books now is only one kind of preference. We have only a local preference for invitations to bid only. And right now, it is based on a sliding scale. We give a 5% bid preference capped at $5,000 on purchases up to $166,000. We go to 3% if you're not to exceed $10,000 on purchases in the next rung, and then finally it caps out at a 2% preference not to exceed $20,000 on purchases over half a million.
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