HB3702 - Tennessee - Municipal Government, Public Contracts, Purchasing

Companion Bill SB4003. Purchasing - Allows the municipal governing bodies of Chattanooga, Knoxville, Nashville, Franklin, and Memphis to increase the dollar amount required for public advertisement and competitive bidding from $10,000 to $25,000, provided that purchases of between $10,000 and $25,000 would, wherever possible, be based upon at least three competitive bids. - Amends TCA Title 6, Chapter 56, Part 3. Fiscal Summary for *HB3702 / SB4003 Local Expenditures - Net Impact - Not Significant Bill Summary for *HB3702 / SB4003 This bill increases the maximum amount that municipal governing bodies may by ordinance increase the dollar amount required for public advertisement and competitive bidding from $10,000 to $25,000. ON MARCH 27, 2008, THE SENATE ADOPTED AMENDMENTS #1 AND #2 AND PASSED SENATE BILL 4003, AS AMENDED. [...]

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