(a) The procurement commission may grant the chief procurement officer authority to establish informal solicitation rules, regulations, policies and procedures for procurements. The maximum amount of the procurement shall be determined in accordance with the following:

Terms Used In Tennessee Code 12-3-503

  • Chief procurement officer: means the person holding the position established in §. See Tennessee Code 12-3-201
  • Grant: means any grant awarded to the state or awarded by the state to any person to support a program authorized by law. See Tennessee Code 12-3-201
  • Procurement: means buying, purchasing, renting, leasing, or otherwise acquiring of any goods or services. See Tennessee Code 12-3-201
  • Procurement commission: means the state procurement commission, as established in §. See Tennessee Code 12-3-201
  • Solicitation: means any type of document that invites responses and may include, by way of example, an "invitation to bid" a "request for proposal" or a "competitive negotiation". See Tennessee Code 12-3-201
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(1) If all of the members of the procurement commission agree, the amount shall be up to one hundred thousand dollars ($100,000) or less; and
(2) Procurement requirements shall not be artificially divided in order to constitute an informal procurement under this section.
(b) The procurement commission may grant the chief procurement officer authority to establish small purchase rules, regulations, policies, and procedures. The maximum amount of the purchases shall be determined in accordance with the following:

(1) If all the members of the procurement commission agree, the amount shall be up to twenty-five thousand dollars ($25,000) or less; and
(2) Purchasing requirements shall not be artificially divided in order to constitute a small purchase under this section.
(c) Notwithstanding subsections (a) and (b), such state agencies shall actively solicit responses from any minority-owned business, woman-owned business, service-disabled veteran-owned business, business owned by persons with disabilities, or small business in accordance with part 11 of this chapter.
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