Public purchases; raise bidding requirement threshold from $5,000 to $25,000.

SB 2801 raises Mississippi's threshold for requiring competitive bidding on public purchases from $5,000 to $25,000. This change directly affects state agencies, local governments, and school districts that make routine purchases, allowing them to bypass formal bidding for items costing $25,000 or less. For purchases between $25,000 and $75,000, the bill requires at least two competitive bids but eliminates the need for public advertising. Purchases over $75,000 would still require full competitive bidding with public notice. The bill aims to streamline procurement for smaller purchases while maintaining oversight for larger expenditures.