Ind. Code § 5-22-7.5-1

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
(2) receive bids.
(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.

IC 5-22-7.5-1

As added by P.L. 93-2004, SEC.9.