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What are the rules for getting contract bids?

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What are the rules for getting contract bids?

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In 2004, the Legislature enacted authority to use electronic reverse auctions for soliciting contract bids, as well as using electronic tools to sell surplus and obsolete supplies and equipment. For contracts over $50,000, you must solicit the public and used sealed bids. For contracts from $10,000 to $50,000, you may solicit sealed bids or use direct negotiation with two quotes obtained when possible. For contracts valued at $10,000 or less, you should solicit at least two quotes or you can use an open market source.

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