Current as of February 09, 2022 | Updated by FindLaw Staff
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Sec. 18. All concessions granted by the authority for the sale of products or the rendition of services for a consideration on authority property shall be awarded only pursuant to written specifications after competitive bidding and to the highest responsible bidder in a manner similar to that required by section 17 1 relating to contracts for procurement involving an expenditure of more than $5,000.00. This requirement for competitive bidding shall not apply to any concession involving the estimated receipt by the authority of less than $1,000.00 over the period for which the concession is granted.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 124. Municipalities § 124.418 - last updated February 09, 2022 | https://codes.findlaw.com/mi/chapter-124-municipalities/mi-comp-laws-124-418/
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