Amends Tennessee procurement laws to require fiscal review of certain contracts and amendments by the fiscal review committee.

This bill amends Tennessee procurement laws to require fiscal review of certain contracts and amendments by the fiscal review committee. It specifies that contracts subject to review include noncompetitive contracts with a maximum liability of at least $250,000 and any amendments that alter the contract's scope, deliverables, pricing, or performance requirements. The bill mandates that contracts and amendments be submitted to the fiscal review committee 60 days before their effective date.

Amends Tennessee procurement laws to require fiscal review of certain contracts and amendments by the fiscal review committee.

This bill amends Tennessee procurement laws to require fiscal review of certain contracts and amendments by the fiscal review committee. It specifies that contracts subject to review include noncompetitive contracts with a maximum liability of at least $250,000 and any amendments that alter the contract's scope, deliverables, pricing, or performance requirements. The bill mandates that contracts and amendments be submitted to the fiscal review committee 60 days before their effective date.