Mississippi HB402 raises the threshold for public purchases without competitive bidding from $5,000 to $15,000.
Mississippi House Bill 402 amends the Mississippi Code to increase the threshold for public purchases without competitive bidding from $5,000 to $15,000. This change applies to various public entities, including state agencies and local governmental entities. The bill also modifies certain requirements for contractors submitting bids for public works projects. Additionally, it outlines specific exemptions from competitive bidding requirements for various types of purchases, such as those related to public property, construction projects, and emergency purchases.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.