Tennessee § 12-3-507 - Competitive negotiation.
Full text of Tennessee Tennessee Code Annotated § 12-3-507 — Competitive negotiation., with citation guidance and answers to common questions.
§ 12-3-507. Competitive negotiation.
Except as otherwise provided by law, a contract may be entered into by competitive negotiation when it is determined by the chief procurement officer that it is in the best interest of the state. Each use of competitive negotiation shall be subject to approval by the chief procurement officer and the comptroller of the treasury in accordance with rules, policies, and procedures of the procurement commission. Notice of such approved competitive negotiations shall be posted on the central procurement office's website. Acts 2013, ch. 403, § 26. Compiler's Notes. For the disposition of sections in title 12, ch. 3, as amended by Acts 2013, ch. 403, effective July 1, 2013, please see the table of disposition in § 12-3-101 . Former title 12, ch. 3, part 5, §§ 12-3-501 — 12-3-531 (Acts 1953, ch. 163, §§ 4-6, 27 (Williams, §§ 370.13-370.15, 370.36); modified; impl. am. Acts 1959, ch. 9, § 5; impl. am. Acts 1961, ch. 97, § 5; impl. am. Acts 1972, ch. 543, § 7; Acts 1975, ch. 202, § 1; T.C.A. (orig. ed.), §§ 12-304-12 -308, 12-3-204 — 12-3-208 ; Acts 1981, ch. 94, §§ 1-4; 1981, ch. 332, §§ 2-6; 1987, ch. 337, § 19; 2005, ch. 166, § 1; 2010, ch. 1098, § 2; 2011, ch. 295, §§ 5, 19), concerning specification, was repealed and reenacted by Acts 2013, ch. 403, §§ 20-34, effective July 1, 2013. Former title 12, chs. 3 and 4 were recodified by Acts 2013, ch. 403, effective July 1, 2013. In the recodification, some provisions similar to former § 12-3-208 were transferred to this section. Acts 2013, ch. 403, § 83 provided that the act, which repealed and reenacted this part, shall apply to contracts entered into or renewed on and after July 1, 2013.
Frequently Asked Questions About Tennessee § 12-3-507
What does Tennessee Code Annotated § 12-3-507 cover?
Section 12-3-507 ("Competitive negotiation.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 12-3-507?
A common citation format is "Tennessee Code Annotated § 12-3-507" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 12-3-507 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.