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MS HB702

Bill

Official Source

Status

Failed

2/28/2023

Primary Sponsor

Donnie Bell

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Establishes reverse auctions as the primary method for receiving bids on purchases over $75,000 for state agencies and governing authorities in Mississippi
  • Allows state agencies to opt out of reverse auctions if the Public Procurement Review Board approves the determination that a reverse auction is not in the agency's best interest, with a detailed explanation and alternative process required
  • Allows governing authorities (local governments) to opt out of reverse auctions if their own governing board approves the determination, with findings recorded in their minutes explaining why a reverse auction is not in their best interest
  • Exempts public construction contracts (buildings, roads, bridges, and related materials/equipment) from the reverse auction requirement
  • Takes effect July 1, 2023

Legislative Description

Reverse auction; revise method of receiving bids through for agencies and governing authorities.

Last Action

Died In Committee

2/28/2023

Committee Referrals

Accountability, Efficiency, Transparency2/13/2023
Ways and Means1/16/2023

Full Bill Text

No bill text available