§ 8.111. Competitive bidding for purchases or sales.
Latest version.
Before making any purchase or contract requiring expenditure of a sum in excess of
one thousand dollars ($1,000), the purchasing agent shall take competitive bids, pursuant
to Tennessee Code Annotated, Section 7-3-306, as the same may be amended, and under
such rules and regulations as may be established by ordinance. Before making a sale
the purchasing agent shall require competitive bids. The making of all other purchases
or contracts by the purchasing agent shall be under such conditions, rules and regulations
as may be prescribed by ordinance. The purchasing agent may reject any and all bids
received for purchases or sales.
Editor's note—
The first sentence of § 8.111 was amended by referendum election held November 5, 1996.
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