Mississippi HB329 revises the reverse auction method for receiving bids for agencies and governing authorities.
Mississippi HB329 amends Section 31-7-13 of the Mississippi Code to revise the reverse auction method for receiving bids for agencies and governing authorities. The bill differentiates between agencies and governing authorities in the use of reverse auctions. If an agency determines that a reverse auction is not in the best interest of the agency, that determination must be approved by the Public Procurement Review Board.
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