SB1007 - Tennessee: Finance And Administration, Dept. Of, Fiscal Review Committee, Public Contracts

Companion Bill HB0751. Public Contracts - Requires estimation of savings resulting from non-competitive negotiation be included with requests for non-competitive contracts. - Amends TCA Title 12, Chapter 4, Part 1. Fiscal Summary for SB1007 / *HB0751Increase State Expenditures - Not Significant Bill Summary for SB1007 / *HB0751 Present law requires that all requests to procure service for the state by negotiation with only one service provider, a "non-competitive contract," be filed with the fiscal review committee of the general assembly and the commissioner of finance and administration. The requests must include, among other information, justification of why the state should acquire the service through non-competitive negotiation. This bill additionally require any agency that files a request for a non-competitive contract to [...]

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