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 12-6-3.117 - Lease Contracts
Sec2 12-6-3.117.03 - Option Provisions
Section 12-6-3.117.03.2 - Exercise of Option
Universal Citation: MS Code of Rules 12-6-3.117.03.2
Current through September 24, 2024
Before exercising any option for renewal, extension, or purchase, the Agency Procurement Officer should attempt to ascertain whether a competitive procurement is practical, in terms of pertinent competitive and cost factors, and would be more advantageous to the State than renewal or extension of the existing contract.
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