Commission's Power to Use Reverse Auction to Purchase Goods and Services for the State of Texas

Administrative regulation regarding the use of reverse auction procedure adopted by the commission as a method of purchasing goods and services in Texas.

Texas Administrative Code
Title 34. PUBLIC FINANCE
Part 1. COMPTROLLER OF PUBLIC ACCOUNTS
Chapter 20. TEXAS PROCUREMENT AND SUPPORT SERVICES

Subchapter C. PROCUREMENT

§ 20.51. Reverse Auction

Pursuant to Government Code, § 2155.062(a)(4) and (d) , the commission may use the reverse auction procedure as a method of purchasing goods and services. In this competitive method of purchasing, bidding is a real time process lasting for a specified period of time, which multiple suppliers anonymous to each other submit bids to provide the designated goods or services to an internet location.

Source:

The provisions of this §20.51 adopted to be effective May 8, 2002, 27 TexReg 3755; transferred effective September 1, 2007, as published in the Texas Register July 6, 2007, 32 TexReg 4237