Tennessee HB2344 amends state law to prioritize local businesses in government contracts, requiring a local bidding period.
Tennessee HB2344 amends state law to prioritize local businesses in government contracts, requiring a local bidding period. Local businesses must have a physical office in the county, employ residents, and be registered to do business in the state. Local governments with centralized purchasing and a full-time purchasing agent must provide a 30-day local bidding period for contracts over $25,000. Other local governments must provide a 30-day local bidding period for contracts over $50,000.
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