136fa

___________________ moved that SB 136 be amended as follows:

     On the Senate Local Government Committee engrossed bill, delete everything after the enacting clause and insert:

"
     Section 1. That § 5-18-9.1 be repealed.

     5-18-9.1.   If after advertising for bids pursuant to § 5-18-3 for the purchase of materials, supplies, or equipment, no bids are received, the governing board of a unit of local government may negotiate a contract for the purchase of the materials, supplies, or equipment at the most advantageous price. However, the materials, supplies, or equipment shall meet the specifications of the original advertisement for bids. The governing board shall contact and attempt to obtain competitive quotations from at least three suppliers. A record of the names of the suppliers, the quotations received and the procurement procedures used in purchasing shall be documented, spread upon the minutes, and retained on file by the governing body. The contract may include a procedure for adjusting prices to meet changing market conditions not within the control of the vendor. The adjustments may not result in increases in the profit of the vendor, and shall be supported by written justification filed with the purchasing agent of the unit of local government. "