Tennessee § 12-3-503 - Informal solicitation — Small purchases — Active solicitation of responses from minority-owned, woman-owned, service-disabled veteran-owned, business owned by persons with disabilities, or small business.

Full text of Tennessee Tennessee Code Annotated § 12-3-503 — Informal solicitation — Small purchases — Active solicitation of responses from minority-owned, woman-owned, service-disabled veteran-owned, business owned by persons with disabilities, or small business., with citation guidance and answers to common questions.

§ 12-3-503. Informal solicitation — Small purchases — Active solicitation of responses from minority-owned, woman-owned, service-disabled veteran-owned, business owned by persons with disabilities, or small business.

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: If all of the members of the procurement commission agree, the amount shall be up to fifty thousand dollars ($50,000) or less; and Procurement requirements shall not be artificially divided in order to constitute an informal procurement under this section. 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: If all the members of the procurement commission agree, the amount shall be up to ten thousand dollars ($10,000) or less; and Purchasing requirements shall not be artificially divided in order to constitute a small purchase under this section. 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. Acts 2013, ch. 403, § 22; 2017, ch. 485, § 2. 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 § 12-3-204 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.

Source: official Tennessee text · Last verified 2026-08-27

Frequently Asked Questions About Tennessee § 12-3-503

What does Tennessee Code Annotated § 12-3-503 cover?

Section 12-3-503 ("Informal solicitation — Small purchases — Active solicitation of responses from minority-owned, woman-owned, service-disabled veteran-owned, business owned by persons with disabilities, or small business.") 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 § 12-3-503?

A common citation format is "Tennessee Code Annotated § 12-3-503" (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 § 12-3-503 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.