Bill > HB407

This bill revises the method for receiving bids through reverse auctions for state agencies and governing authorities in Mississippi. The key provisions are: 1. The bill differentiates the requirements for agencies versus governing authorities when determining that a reverse auction is not in their best interest. For agencies, the determination must be approved by the Public Procurement Review Board, while for governing authorities, the determination must be approved by the governing board. 2. The bill requires agencies and governing authorities to submit an explanation as to why a reverse auction would not be in their best interest if they choose not to use that method. 3. The bill clarifies that reverse auctions shall not be used for public contracts involving the design or construction of public facilities like buildings, roads, and bridges. Overall, the bill aims to provide more oversight and transparency around the use of reverse auctions by state agencies and local governing authorities in Mississippi when procuring goods and services.

Government Affairs

http://billstatus.ls.state.ms.us/2020/pdf/history/HB/HB0407.xml