All contracts for capital improvements by any school district which are financed in whole or in part with funds received from the state public school building fund pursuant to an application approved by the commission shall be awarded and entered into upon receipt of sealed bids or proposals after the time and place of letting such contracts and the manner of bidding has been duly advertised. The contract shall be let and awarded to the lowest and best bidder but the board of trustees or other governing body of the school district shall have the power to reject any and all bids. No such contract shall be finally awarded or entered into without the prior written approval of the commission. It is hereby expressly provided that in order to bid upon and be awarded contracts for the construction of school facilities under the provisions of this chapter, if such contract, subcontract or undertaking is less than Fifty Thousand Dollars ($50,000.00), it shall not be necessary that the bidder obtain a certificate of responsibility from the Board of Public Contractors under the provisions of Chapter 3, Title 31, of the Mississippi Code of 1972, or otherwise be qualified under said chapter, and none of the provisions of said chapter shall be applicable to such contracts for the construction of school facilities under the provisions hereof. Notwithstanding the foregoing provisions of this section or any other provisions of law, the contract for construction of a secondary vocational and technical training center for exclusive use and operation by a county school district may be entered into and awarded by the board of trustees of a junior college district where a grant of federal funds by the Appalachian Commission has been made to the board of trustees of such junior college district to assist in financing construction of such secondary vocational and technical training facility for such county school district.
Structure Mississippi Code
Chapter 47 - State Aid for Construction of School Facilities
§ 37-47-1. Administration of chapter
§ 37-47-3. "School district" defined
§ 37-47-5. "Capital improvement" defined
§ 37-47-7. State public school building fund created
§ 37-47-9. Annual grants by state
§ 37-47-11. Order of priority of disposition of funds
§ 37-47-13. Certificates of credit
§ 37-47-15. Approval of use of grants; surveys and plans
§ 37-47-17. Applications for expenditures
§ 37-47-19. Withdrawal of funds from public school building fund upon approval of expenditures
§ 37-47-21. Disposition of funds credited to school district which fails to apply for expenditure
§ 37-47-23. Effect of insufficient funds in public school building fund
§ 37-47-25. Loans for capital improvements
§ 37-47-27. Requirement of contracts for capital improvements
§ 37-47-29. Awarding of contracts for capital improvements
§ 37-47-31. Continuation and functions of state bond commission
§ 37-47-35. Request for issuance of bonds
§ 37-47-37. Prerequisites to issuance of bonds
§ 37-47-39. Full faith and credit of state pledged to pay bonds
§ 37-47-41. Execution of bonds; form, terms and conditions; redemption
§ 37-47-43. Printing of bonds; denominations; interest
§ 37-47-47. Sale of bonds; disposition of proceeds of sale
§ 37-47-49. Interim certificates; supplemental powers conferred in issuance of bonds
§ 37-47-51. Negotiability of bonds and interim certificates
§ 37-47-53. Exemption from taxation of bonds and interim certificates
§ 37-47-55. Duties of state treasurer
§ 37-47-57. Payment of expenses of bond commission
§ 37-47-59. Validation of bond issues
§ 37-47-63. Construction of chapter; contract between bondholders and state
§ 37-47-65. Construction of chapter; power of school districts to raise funds