Current through P.L. 171-2024
Section 5-22-7.5-1 - Authorization for reverse auction(a) A purchasing agency may conduct a reverse auction for the purchase of supplies by using an Internet purchasing site to: (1) issue an invitation for bids; and(b) Except as provided in this chapter, a purchasing agency and a bidder must comply with the requirements of this article when participating in a reverse auction.As added by P.L. 93-2004, SEC.9.