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A. The city may specify in an invitation for bids or request for proposals that it will reduce the bid or proposal price of a local vendor by two and one-half percent for purposes of bid or proposal evaluation.

B. If the city has specified that an invitation for bids or request for proposals is subject to the local vendor preference authorized by subsection (A) of this section, the city will reduce the price bid or proposed by each local vendor by two and one-half percent before evaluating bid or proposal prices for purposes of contract award. The reduction authorized by this subsection is applied only for bid or proposal evaluation, and is not applied to the awarded contract price.

C. A local vendor is a person who:

1. Holds current Alaska, city of Wasilla and Matanuska-Susitna Borough business licenses;

2. Submits a bid or proposal under the name which appears on its current Alaska, city of Wasilla and Matanuska-Susitna Borough business licenses; and

3. Has maintained a place of business within the city staffed by the vendor or an employee of the vendor for a period of at least six months immediately preceding the date of submission of the bid or proposal. (Ord. 02-42 § 2, 2002)