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 Updating the retention period required for all quotes  <br />received (one year)  <br />Strategic Priority: ☐ Sustainable & Reliable Infrastructure ☒ Operational Effectiveness <br /> ☐ Environment & Sustainability ☐ Diversity, Equity, & Inclusion  <br /> ☐ Livable Community ☐ N/A  <br />Financial Impact: Is there a financial consideration? ☒ No ☐ Yes: $_________________   <br /> Financing Sources: ☐ Budgeted ☐ Budget Modification   <br /> ☐ New Revenue ☐ Use of Reserves ☐ Other  <br />Attachments:  1. Red‐lined Purchasing Policy  <br />  <br />  <br />  <br />  <br />________________________  <br />Gina Foschi  <br />Finance Director  <br />