Public Contracts - As enacted, enacts the "Higher Education Purchasing Act." - Amends TCA Title 12 and Title 49.
Comp. became Pub. Ch. 816
Summary
The Higher Education Purchasing Act lets eligible private colleges and universities in Tennessee purchase goods and services through statewide cooperative contracts on the same terms and pricing that public institutions receive. It requires no state funding or fees and protects vendors from retaliating against participating schools. The goal is to lower costs for private schools and keep them competitive.
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