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MS SB2604
Bill
AI Summary
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Amends Section 77-3-16 of Mississippi Code to authorize public utilities subject to Public Service Commission rate regulation to accept secure electronic bids as an alternative bidding method for competitive bidding processes on construction contracts exceeding $200,000.
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Electronic bid submissions are treated as compliant with certificate of responsibility requirements if bidders attach the required certificate or statement that the bid does not exceed $50,000 as an attachment to their electronic submission.
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Public utilities must make appropriate arrangements to accept electronic bids from bidders who choose to submit electronically for purchases requiring competitive bidding.
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Effective July 1, 2024.
Legislative Description
Public utilities contracts; allow certain bids to be submitted electronically.
Last Action
Died In Committee
4/2/2024