Tennessee Code 7-3-306 – Competitive bidding
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 7-3-306
- Metropolitan government: means the political entity created by consolidation of all, or substantially all, of the political and corporate functions of a county and a city or cities. See Tennessee Code 7-1-101
- written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105
Where the charter for a metropolitan government requires purchases in excess of one thousand dollars ($1,000) be made on the basis of competitive bidding, “competitive bidding” means:
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Dollar amount of purchase: |
Requirement; |
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$1,000 to $3,999.99 |
Three (3) verbal, including telephone, quotations required |
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$4,000 to $9,999.99 |
Three (3) written, including faxed, quotations required |
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$10,000 and above |
Competitive sealed bids or request for proposals |