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construction and life cycle costing may be discussed. Proprietary information from competing offerors shall not be disclosed to the public or to competitors. At the conclusion of discussions, outlined herein, on the basis of evaluation factors published in the selection process to this point. The purchasing agent shall select in the order of preference two (2) or more offerors whose professional qualifications and proposed services are deemed most meritorious. Negotiations shall then be conducted beginning with the offerors ranked first. If a contract satisfactory and advantageous to the City can be negotiated at a price considered fair and reasonable, the award shall be made to that offeror, otherwise, negotiations with the offeror ranked first shall be formally terminated and negotiations conducted with the offeror ranked second, and so on until such contract can be negotiated at a fair and reasonable price. Should the purchasing agent determine in writing that in his sole discretion that only one offeror is fully qualified, or that one offeror is clearly more highly qualified and suitable than the others under consideration, a contract may be negotiated and awarded to that offeror. 4. That Section 11-29(1) and (2) of the Code of the City of Portsmouth be amended to read as follows: Section 11-29. Exemptions from the required use of sealed bidding or competitive negotiation. The following purchases may be awarded without the use of sealed bids or competitive negotiation: (1) A contract may be awarded when the purchasing agent determines in writing, after conducting a good faith review of the available sources, that there is only one source for the required goods, service, insurance or construction item. The purchasing agent shall conduct negotiations, as appropriate, as to price, delivery and terms. A record of the sole source procurement shall be maintained that includes each contractor's name, the amount and type of each contract, a listing of the item or items procured under each contract, and the identification number of such contract file. The purchasing agent shall issue a written notice stating that only one source was determined to be practicably available, and identifying that which is being procured, the contractors elected, and the date on which the contract was or will be awarded, this notice Shall be posted in a designated public area on the day the contract is awarded or the decision is made to award the contract, whichever occurs first. (2) In case of emergency, a contract may be awarded without competitive sealed bidding or competitive negotiations; however, such procurement shall be made with such competition as is practicable under the circumstances.