SUBJECT
title
Authorizing the City Manager to approve the Laredo Transit Management Inc. (LTMI) Purchasing and Procurement Policy Revision No. 5 dated November 7, 2025. The Federal Transit Administration (FTA) requires that all transit systems receiving federal financial assistance must update their policies to reflect the most updated federal ruling. No financial impact.
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PREVIOUS COUNCIL ACTION
The previous revision to the LTMI Purchasing and Procurement Policy was on October 28, 2021.
BACKGROUND
The Laredo Transit Management Incorporated (LTMI) is the recipient of Federal Transit Administration (FTA) funds. The Department of Transportation, Federal Transit Administration, issued Circular 4220.1G which sets out the requirements that must be adhered to in the solicitations, awards and administration of third-party contracts under FTA assistance programs. This policy provides the policies and procedures related to the procurement of goods and services with funding from the FTA, other federal appropriations, the State of Texas and/or local sources. These guidelines ensure that LTMI obtains goods, and services in accord with federal, state and local requirements.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends the approval of this resolution to comply with federal and state funding.
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Fiscal Impact
Fiscal Year: 2026
Budgeted Y/N?: N/A
Source of Funds: N/A
Account #: N/A
Change Order: Exceeds 25% Y/N: N/A
FINANCIAL IMPACT:
No financial impact.