Amends Tennessee procurement laws to require fiscal review of certain contracts and amendments.
This bill amends Tennessee procurement laws to require fiscal review of certain contracts and contract amendments. It mandates that contracts with a maximum liability of $250,000 or more, and those that meet specific criteria, must be reviewed by the fiscal review committee. The bill outlines the information that must be submitted with a request for review, including descriptions of goods or services, procurement methods, and justifications for noncompetitive procurement.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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