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 12-6-3.108 - Purchases less than $50,000.01
Section 12-6-3.108.01 - Application

In accordance with Section 3.108, Purchases less than $50,000.01, this regulation is established for procurements of not more than $50,000 for commodities, equipment or printing.

Commentary

These small purchase regulations present general guidance and reporting requirements to encourage that competition is obtained and the small purchase system is not abused. Governing authorities should provide more detailed treatment in operational procedure manuals, with added coverage to include the use of blanket orders and necessary audit trails.