Tenn. Code § 5-14-205
Current through Acts 2023-2024, ch. 1069
All purchases, leases, or lease-purchase agreements with expenditures of less than the maximum applicable threshold established pursuant to § 12-3-1212 in a fiscal year may be made in the open market without newspaper notice, but must, wherever possible, be based upon at least three (3) competitive bids.
T.C.A. § 5-14-205