Mississippi Administrative Code
Title 12 - Finance and Administration
Part 6 - Office of Purchasing, Travel and Fleet Management
Chapter 3 - Source Selection and Contract Formation
Sec2 12-6-3.102 - General Provisions
Section 12-6-3.102.06 - Bid and Performance Bonds for Commodity Contracts or Service Contracts
Universal Citation: MS Code of Rules 12-6-3.102.06
Current through September 24, 2024
Bid and performance bonds or other security may be required for supply contracts or service contracts as the Chief Procurement Officer or the Agency Procurement Officer deems advisable to protect the interest of the State. Any such requirements must be set forth in the solicitation. Bid or performance bonds should not be used as a substitute for a determination of bidder or offerer responsibility. Section 31-5-51, Mississippi Code of 1972, Annotated, sets forth bonding requirements applicable to construction contracts and may be considered when establishing any such requirements for supply contracts or service contracts.
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