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 12-6-3.117.05 - Multi-year or Short-term Rental Lease Agreements
Section 12-6-3.117.05.1 - General

(1) It would promote economy in procurement by obtaining the benefits of reduced monthly rental cost due to extended term rental and sufficient funds are not available for purchase;

(2) The equipment requested is for a special project that would not warrant a purchase as the project is of short duration and with the termination of that project there would be no further need for the equipment; and

(3) Such reason as may be prescribed by law for certain entities.