12 Miss. Code. R. 6-2.103.01.2

Current through October 31, 2024
Section 12-6-2.103.01.2 - Negotiated Contracts

The negotiated contracts are established on the basis of proposals from many vendors. These proposals are evaluated with contracts being awarded to all vendors whose prices are "comparable." These contracts may be used by any agency. These negotiated contracts are "convenience" contracts and shall serve to establish a maximum price that can be paid for any item covered by the contract and does not preclude further downward negotiations by the buying agency and/or the Office of Purchasing, Travel and Fleet Management i f volume so dictates. Agencies may purchase items covered by a negotiated contract from other than the contract vendor provided they follow the applicable procedures set forth in Section 31-7-13(a), Mississippi Code of 1972, Annotated; ( a) purchases under $5,000 may be made without any quotes or bids; (b) if the purchase exceeds $5,000 but is not over $50,000 two quotes are required; or (c) purchases over $50,000 may be made from the lowest and best bidder after properly advertising. In addition, agencies purchasing items covered by a negotiated contract from other than the contract vendor and following the procedures set forth in Section 31-7-13(c), Mississippi Code of 1972, Annotated, purchases over $50,000, shall submit a Request for Authority to Purchase, P-1, t o the Office of Purchasing, Travel and Fleet Management f or approval prior to making the purchase.

12 Miss. Code. R. 6-2.103.01.2

Amended 1/1/2018