Doing Business With the City

In an average fiscal year (July 1 to June 30), the City of Alcoa issues about 900 solicitations with a minimum purchase authorization of $1,000 or more. Such purchases come to an approximate annual purchasing volume of $24 million dollars annually. In an effort to distribute the much higher volume of repetitive, but lower priced, purchases, the city effectively utilizes its Purchasing Card, or "P Card," program. This program allows appropriate employees the flexibility of making purchases in increments under $1,000. Such annual purchases total approximately $1.1 million annually while averaging 7,200 unique transactions - with each purchase averaging a little more than $150 per purchase.