Ordinance No. 6679 modifies portions of Sections 3.10 (Purchasing Policy) and 3.12 (Public Contracts). Updates related to retainage requirements are necessary to remain consistent with recent changes to Washington State law. Revising certain portions of the purchasing and contracting code will allow the City to more efficiently and effectively procure and administer consultant and construction contracts. Updating the dollar amount thresholds so authorization limits are consistent between the purchasing and contraction sections is needed.