Bill Summary – FastDemocracy

SENATE BILL 2947
                                                                            By Stevens HOUSE BILL 2975
                                               By Darby AN ACT to amend Chapter 325 of the Private Acts of 1980; as amended by Chapter 66 of the Private Acts of 2000; and any other acts amendatory thereto, relative to the Town of Bruceton.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
       SECTION 1. Chapter 325 of the Private Acts of 1980, as amended by Chapter 66 of the Private Acts of 2000, and any other acts amendatory thereto, is amended by deleting Section
4.07 and substituting instead the following:
               Section 4.07. Centralized Purchasing.
                        (a) Purchases or contracts of more than $25,000.00 shall require prior approval of the Board, and except for minor items used infrequently or items which must be obtained immediately to avoid disruption of services, shall be
               subject to competitive bid, subject to such regulations as may be provided by
               ordinance.
                        (b) Any expenditure or contract for more than $25,000.00 shall be made only after sealed bids have been invited. Purchases and contracts shall be
               awarded to the lowest responsible bidder, but all invitations to bid shall state that the town reserves the right to reject any and all bids.
                        (c) The Board may waive the requirements to obtain bids when there is
               only one source of supply or when such action is in the best interest of the town,
               providing the reasons for any such waiver are made a matter of record.
                        (d) Bid records shall be preserved for a period of not less than two (2)
               years.
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                       (e) Bids need not be taken for professional services and services for which the rates or prices are regulated by public authority, nor shall competitive bidding be required for purchases from other governmental agencies.
       SECTION 2. This act shall have no effect unless it is approved by a two-thirds (2/3) vote of the legislative body of the Town of Bruceton. Its approval or nonapproval shall be proclaimed by the presiding officer of the legislative body and certified to the secretary of state.
       SECTION 3. For the purpose of approving or rejecting the provisions of this act, it shall be effective upon becoming a law, the public welfare requiring it. For all other purposes, it shall become effective as provided in Section 2.
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