Mississippi HB714 raises the threshold for requiring competitive bidding in public purchases to $15,000.
Mississippi HB714 amends the state's public purchasing laws to increase the threshold for requiring competitive bidding in public purchases from $10,000 to $15,000. This change applies to purchases made by state agencies and governing authorities, excluding certain specified items and services. The bill also outlines procedures for emergency purchases and sets conditions for accepting bids, including the requirement for electronic bid submission where feasible. The changes are set to take effect from July 1, 2026.
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