All purchases, leases or lease-purchase arrangements with expenditures of less than ten thousand dollars ($10,000) in any fiscal year may be made in the open market without newspaper notice, but shall, wherever possible, be based upon at least three (3) competitive bids.
Tenn. Code Ann. § 5-14-205
Expenditures under $10,000
Acts 1983, ch. 451, § 5; 1995, ch. 179, § 5; 2007, ch. 135, § 4.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.