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MISSISSIPPI COMMUNITY COLLEGE BOARD

POLICIES AND PROCEDURES MANUAL

Section 8:

Business Management

Title:

Purchasing Policy

Initial Date of Adoption:

October 19, 1995

Reference:

Revision Date:

August 16, 2002, April 20, 2007

Code Number:

8.2

Page:

1 of 1

PURCHASING POLICY

The Mississippi Community College Board (MCCB) will adhere to all state purchasing laws, rules and regulations in accordance

with Mississippi Code Ann., Section 31-7-13, the Mississippi Agency Accounting Policies and Procedures Manual and the

Mississippi Procurement Manual. All purchases will be made within MCCB’s approved operating budget using agency-

approved purchase requisition forms.

Purchases of more than $5,000 but not more than $50,000

The MCCB does hereby authorize the Executive Director, or his designee, to accept the lowest and best competitive written bid

when the purchasing process involves an expenditure of more than five thousand dollars ($5,000.00) but not more than fifty

thousand dollars ($50,000.00). .

Purchases of more than $50,000

When advertising and receiving bids for the purchase of items which involve an expenditure of more than fifty thousand dollars

($50,000.00), the MCCB does hereby authorize the Purchasing and Records Technician and other designees of the Executive

Directors as its official agents to receive bids, to open bids, and to record and tabulate the bid quotes in an open proceeding as

advertised by law. They shall file with the MCCB a full written report at the next official board meeting for acceptance or

rejection.