Tex. Gov't Code § 2155.085

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2155.085 - Reverse Auction Procedure

(a) The comptroller shall:

(1) purchase goods or services using the reverse auction procedure whenever:

(A) the procedure provides the best value to the state; or

(B) all purchasing methods provide equal value to the state;

(2) offer historically underutilized businesses assistance and training relating to the reverse auction procedure; and

(3) advise historically underutilized businesses on contracts available using the reverse auction procedure.

(b) The comptroller shall set a goal of purchasing at least 20 percent of the dollar value of goods or services purchased by the comptroller using the reverse auction procedure.

Tex. Gov't. Code § 2155.085

Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 1071,Sec. 22, eff. 9/1/2019.

Added by Acts 2005, 79th Leg., Ch. 1013, Sec. 2, eff. 9/1/2005. For expiration of this section, see Section 2151.0041.