(1) To simplify, clarify and standardize the law governing procurement by the Town;

(2) To provide for increased public confidence in the policies and procedures followed by Town employees engaged in the procurement of goods and services for the Town;

(3) To ensure the fair and equitable treatment of all persons who interact within the procurement system of the Town;

(4) To provide increased economy in Town procurement activities and to maximize to the fullest extent practicable the purchasing value of public funds of the Town;

(5) To provide safeguards for the maintenance of a procurement system of quality and integrity; and

(6) To contract with qualified local contractors when economically feasible.