Current through Acts 2023-2024, ch. 1069
Section 12-3-1212 - Resolution or ordinance to increase threshold amount for requiring public advertisement and competitive bidding(a) Notwithstanding another law to the contrary, a county, municipality, utility district, local education agency, or other local governmental entity having centralized purchasing authority with a full-time purchasing agent may, by resolution or ordinance of its governing body, increase the threshold over which public advertisement and sealed competitive bids or proposals are required to an amount not to exceed fifty thousand dollars ($50,000) for nonemergency, nonproprietary purchases.(b) Notwithstanding another law to the contrary, a county, municipality, utility district, local education agency, or other local governmental entity having either non-centralized purchasing authority or centralized purchasing authority but not a full-time purchasing agent may, by resolution or ordinance of its governing body, increase the threshold over which public advertisement and sealed competitive bids or proposals are required to an amount not to exceed twenty-five thousand dollars ($25,000) for nonemergency, nonproprietary purchases.(c) At least three (3) written quotations are required when possible for purchases costing less than the bid threshold established under subsection (a) or (b), but more than forty percent (40%) of such bid threshold or some lower amount as may be established by the governing body in a resolution.(d) Purchases of like items must be aggregated for the purposes of the applicable threshold.(e) For purposes of this section, a "full-time purchasing agent" means a person who devotes the whole of the person's working time to the demands and duties of the office of the purchasing agent.Amended by 2024 Tenn. Acts, ch. 513,s 13, eff. 3/1/2024.Amended by 2022 Tenn. Acts, ch. 1016, s 1, eff. 5/11/2022.Amended by 2021 Tenn. Acts, ch. 310, s 6, eff. 7/1/2021.Amended by 2021 Tenn. Acts, ch. 310, s 5, eff. 7/1/2021.Amended by 2017 Tenn. Acts, ch. 415, s 1, eff. 5/18/2017.Added by 2015 Tenn. Acts, ch. 457, s 1, eff. 5/18/2015.