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Bill > HB258


MS HB258

MS HB258
Public purchasing; increase threshold for bidding to $15,000.00.


summary

Introduced
01/10/2025
In Committee
01/10/2025
Crossed Over
Passed
Dead
02/04/2025

Introduced Session

2025 Regular Session

Bill Summary

An Act To Amend Section 31-7-13, Mississippi Code Of 1972, To Provide That Purchases Which Do Not Involve An Expenditure Of More Than Fifteen Thousand Dollars, Exclusive Of Freight Or Shipping Charges, May Be Made Without Advertising Or Otherwise Requesting Competitive Bids; To Amend Sections 31-3-1, 31-5-37 And 31-5-51, Mississippi Code Of 1972, To Conform To The Preceding Section; And For Related Purposes.

AI Summary

This bill increases the threshold for public purchasing and bidding requirements in Mississippi from $5,000 to $15,000. Specifically, the bill amends several sections of Mississippi law to raise the dollar amount at which competitive bidding becomes mandatory for government agencies and governing authorities. Under the new provisions, purchases of commodities, equipment, or public construction that do not exceed $15,000 (excluding freight or shipping charges) can be made without advertising or requesting competitive bids. For purchases between $15,000 and $75,000, at least two competitive written bids must be obtained. The bill also updates related sections of law that reference the previous $5,000 threshold, including regulations for contractors, public works projects, and bonding requirements. This change aims to provide more flexibility for smaller purchases and potentially reduce administrative burden for government entities. The bill is set to take effect on July 1, 2025, giving agencies time to prepare for the new purchasing threshold.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Died In Committee (on 02/04/2025)

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