SB3254 - Tennessee: Local Government, General, Public Contracts

Companion Bill HB3601. Public Contracts - Exempts contracts for construction management agent and/or advisor services from competitive bidding process for local governments. - Amends TCA Title 12, Chapter 4, Part 1. Fiscal Summary for *SB3254 / HB3601 Increase State Expenditures - Not Significant Increase Local Govt. Expenditures - Not Significant Bill Summary for *SB3254 / HB3601 Present law provides that contracts by counties, cities, metropolitan governments, towns, utility districts and other municipal and public corporations of the state, for legal services, fiscal agent, financial advisor or advisory services, educational consultant services, and similar services by professional persons or groups of high ethical standards, are not to be based upon competitive bids, but must be awarded on the basis of recognized competence and integrity.[...]

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