Utah Auction and Auctioneer Laws
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Items 1 - 8 of 8
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Uttah Statute- Invitation for bids for reverse auction -- Requirements -- Publication of invitation.
Effective 3/29/2014 63G-6a-611. Invitation for bids for reverse auction -- Requirements -- Publication of invitation. Anchor (1) The reverse auction bidding process begins when the issuing procurement unit issues an invitation for bids to prequalify bidders to participate in the reverse auction. Anchor (2) The invitation for bids shall:Anc...
The fall of Hammer may not Always Indicate that the Sale be Consummated as There can be Circumstances Where the Auctioneer Misinterpreted a Gesture as a bid, and Banged his Hammer
In Bullock v. Joe Bailey Auction Co., 580 P.2d 225 (Utah 1978), the action was brought to obtain specific performance of contract of sale of well drilling equipment after successful bid on such equipment was made on behalf of plaintiffs at auction and to restrain Auction Company from reclaiming equipment. Company counterclaimed for damages for issuance of wrongful restraining order and filed third...
Competitive Sealed Proposals in Utah
Utah Administrative Code Administrative Services Title R33. Purchasing and General Services Rule R33-3. Source Selection and Contract Formation Current through August 5, 2012 R33-3-2. Competitive Sealed Proposals 3-201 Use of Competitive Sealed Proposals. (1) Appropriateness. Competitive sealed proposals may be a more appropriate method for a particular procurement or type of procurement th...
Contracts Awarded by Reverse Auction in Utah
Utah Administrative Code Capitol Preservation Board (State) Title R131. Administration Rule R131-4. Capitol Preservation Board General Procurement Rule Current through August 5, 2012 R131-4-402. Contracts Awarded by Reverse Auction (1) As used in this Section, "reverse auction" means a process where: (a) contracts are awarded in an open and interactive environment, which may inclu...
Content of Invitation for Bids in Utah
Utah Administrative Code Administrative Services Title R33. Purchasing and General Services Rule R33-3. Source Selection and Contract Formation Current through August 5, 2012 R33-3-1. Competitive Sealed Bidding; Multi-Step Sealed Bidding 3-101 Content of the Invitation For Bids. (1) Use. The Invitation for Bids is used to initiate a competitive sealed bid procurement. (2) Content. The Invi...
When Sale of Auction Lot Final Utah
Utah Statutes Title 70A. Uniform Commercial Code Chapter 2. Uniform Commercial Code - Sales Current through Chapter 3 of the 2013 Second Special Session § 70A-2-328. Sale by auction (1) In a sale by auction if goods are put up in lots each lot is the subject of a separate sale. (2) A sale by auction is complete when the auctioneer so announces by th...
Conducting Reverse Auctions in Utah
Utah Statutes Title 63G. General Government Chapter 6a. Utah Procurement Code Part 6. Bidding (§§ 63G-6a-601 - 63G-6a-612) § 63G-6a-610. Contracts awarded by reverse auction (1) Reverse auction bidding may be used if the procurement officer determines, in writing, that reverse auction bidding will provide the best value to the procurement unit. (2) &nbs...
Bidding Procedure in Utah
Utah Statutes Title 63G. General Government Chapter 6a. Utah Procurement Code Part 6. Bidding (§§ 63G-6a-601 - 63G-6a-612) Part 6. Bidding [Combined] § 63G-6a-601. Title § 63G-6a-602. Contracts awarded by bidding § 63G-6a-603. Invitation for bids - Contents - Notice § 63G-6a-604. Bid opening and acceptance § 63G-6a-605. Correction or withdrawal of bids -...
Items 1 - 8 of 8
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Items 1 - 8 of 8
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