C7M - Require Cost Estimates Over $5m

A Resolution Of The Mayor And City Commission Of The City Of Miami Beach, Florida, Accepting The Recommendation Of The Finance And Economic Resiliency Committee, At Its May 21, 2021 Meeting, Directing The Administration To Obtain An Independent Cost Estimate On All Projects With An Estimated Construction Cost Greater Than $5 Million, And Requiring That Any Estimate Expected To Cost In Excess Of $100,000 Be Submitted To The City Commission For Prior Approval.