Document No: Policy 001
Page: 1 of 1
Effective Date: 14 June 2005
To define how the Tullahoma Airport Authority (TAA) will conduct purchases for all services, supplies or equipment.
2.0 Scope of Application
This applies to regular and part time employees of the Tullahoma Airport Authority and to the Board of Directors of the Tullahoma Airport Authority.
– includes both TAA regular, full time and part time employees and Board
members appointed by the City of
All purchases shall be conducted in accordance with the general policies and
procedures specified in the City of
5.2 Expenditures of up to $500 may be authorized / expended by the Executive Director provided the amount is contained in the approved operating budget.
5.3 For expenditures between $500 and $5,000 that are contained in the approved operating budget, the Executive Director may authorize / expend after receiving approval from the Treasurer.
For any expenditure above $5,000, approval of the TAA Board of Directors is
required and shall be coordinated through the City of
5.5 Emergency repairs. Exception to the above procedures is authorized for emergency repairs that involve either aviation safety or repairs that are required to ensure continued, safe airfield operations. In these situations, the TAA Executive Director shall make telephonic contact with either the TAA Chairman or Vice Chairman as soon as possible to inform them of the situation and the repairs needed.
6.0 Description of Revisions
None – original issue