Mississippi HB1314 revises public purchasing laws, increasing the threshold for bidding and modifying reverse auction procedures.
Mississippi HB1314 amends the public purchasing law to increase the threshold for requiring competitive bids from $5,000 to $10,000. It exempts certain purchases from bidding requirements, including those under $10,000, library books, and vehicles for the Mississippi Highway Safety Patrol. The bill also modifies reverse auction procedures, allowing agencies and governing authorities to use alternative bidding methods if a reverse auction is not in their best interest.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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