Amends TCA Section 5-14-204; Section 5-14-205 and Section 6-56-305.
Tennessee SB0369 amends the County Purchasing Law of 1983 and the Municipal Purchasing Law of 1983 to modify the requirements for competitive bidding on purchases and leases by local governing bodies. It allows local governments to increase the threshold for public advertisement and sealed competitive bids to $50,000 for centralized purchasing authorities and $25,000 for non-centralized authorities. Additionally, the bill replaces the requirement for three competitive bids with a requirement for three written quotations when possible for purchases above 40% of the established bid threshold.
Tennessee SB0369 amends the County Purchasing Law of 1983 and the Municipal Purchasing Law of 1983 to modify the requirements for competitive bidding on purchases and leases by local governing bodies. It allows local governments to increase the threshold for public advertisement and sealed competitive bids to $50,000 for centralized purchasing authorities and $25,000 for non-centralized authorities. Additionally, the bill replaces the requirement for three competitive bids with a requirement for three written quotations when possible for purchases above 40% of the established bid threshold.
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Briggs, Richard
114th General Assembly
January 28, 2025
February 12, 2025
Passed on Second Consideration, refer to Senate State and Local Government Committee