H1364B1693A01797 BIL:NLG 06/09/17 #90 A01797
AMENDMENTS TO HOUSE BILL NO. 1364
Sponsor: REPRESENTATIVE HARPER
Printer's No. 1693
Amend Bill, page 2, lines 4 and 5, by striking out "by adding
subsections"
Amend Bill, page 2, line 7, by striking out all of said line
and inserting
(a) Purchase of goods.--When a political subdivision,
municipality authority or transportation authority advertises
for bids on an item and no bids are received, the political
subdivision, municipality authority or transportation authority
shall rebid the item. If [again such bids are not received] no
bids are received from suppliers of the item within 15 days of
the second advertisement, the political subdivision,
municipality authority or transportation authority may purchase
or enter into contracts for the purchase of [any] the item
[where no bids are received from suppliers for the item within
45 days of the date of second advertisement therefor].
(b) Sale of property.--When a political subdivision,
municipality authority or transportation authority is required
to advertise for bids in order to sell real or personal property
and no bids are received, the political subdivision,
municipality authority or transportation authority may proceed
as follows:
(1) The political subdivision, municipality authority or
transportation authority may advertise for bids a second
time.
(2) If no bids are received within 15 days of the second
advertisement, the political subdivision, municipality
authority or transportation authority may initiate
negotiations for a private sale of the property, taking into
consideration its fair market value.
(3) The political subdivision, municipality authority or
transportation authority must publicly announce the identity
of the parties, the sale price and a summary of the other
terms and conditions relating to any proposed private sale at
a regular or special meeting of its governing body.
(4) After the public announcement of the sale is made in
accordance with paragraph (3), at least 30 days must elapse
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before a political subdivision, municipality authority or
transportation authority may authorize the private sale in
accordance with this subsection.
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See A01797 in
the context
of HB1364