HB 842 Summary

• Amends Mississippi Code Section 31-7-13 to differentiate reverse auction bid procedures between state agencies and governing authorities for purchases over $50,000.

• Requires state agencies to obtain Public Procurement Review Board approval before rejecting reverse auction bids, with detailed written explanation of why reverse auction is not in the agency's best interest.

• Requires governing authorities to obtain approval from their governing board before rejecting reverse auction bids, with findings recorded in meeting minutes explaining why reverse auction is not in the authority's best interest.

• Prohibits reverse auctions for public contracts involving design or construction of public facilities, including buildings, roads, and bridges.

• Takes effect July 1, 2021.