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Committee advances bill to let DFA prequalify bidders on large construction projects
Summary
Senate Bill 2298 would authorize prequalification of bidders on construction projects over $10 million and was reported out of committee; sponsors said the change aims to reduce delays and failures by vetting financial capacity and experience before contract awards.
A Mississippi Senate committee advanced Senate Bill 2298, which would permit the Department of Finance and Administration (DFA) to prequalify bidders on certain large public construction contracts, the committee record shows.
The presenter said the bill targets projects over $10 million and would allow DFA to review contractors’…
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