5-22-7.5-1. Authorization for Reverse Auction

Sec. 1. (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 […]

5-22-7.5-2. Necessity for Written Policies

Sec. 2. (a) Before conducting a reverse auction, the purchasing agency must adopt written policies that do the following: (1) Establish procedures for all the following: (A) Transmitting notices, solicitations, and specifications. (B) Receiving offers. (C) Making payments. (D) Protecting the identity of a bidder or an offeror. (E) For a reverse auction, providing for […]

5-22-7.5-3. Bids in a Reverse Auction

Sec. 3. If a purchasing agency issues an invitation for bids using a reverse auction conducted through an Internet purchasing site under this chapter, only bids made: (1) in accordance with the policies described in section 2 of this chapter; and (2) through the Internet purchasing site; may be evaluated by the purchasing entity at […]

5-22-7.5-4. Requirements of Internet Purchasing Site for Reverse Auction

Sec. 4. When used for a reverse auction, an Internet purchasing site must do the following: (1) Provide information that the purchasing entity considers necessary or beneficial to potential bidders. (2) Display the amount of all bids previously submitted regarding the reverse auction for public viewing. (3) Conceal information that identifies a bidder. (4) Comply […]

5-22-7.5-5. Bidder Fees

Sec. 5. The purchasing agency may charge a bidder in a reverse auction a fee set in the written policies adopted under section 2 of this chapter. As added by P.L.93-2004, SEC.9.

5-22-7.5-6. Opening Reverse Auction Bids

Sec. 6. For purposes of IC 5-22-7-6, a bid made through an Internet purchasing site is considered to be opened when a computer generated record of the information contained in all bids for a proposed purchase that were received by the site not later than the posted bid deadline is reviewed publicly by the purchasing […]

5-22-7.5-7. Noncollusion Affirmation Inapplicable

Sec. 7. IC 5-22-16-6(a)(2) does not apply to a reverse auction. As added by P.L.93-2004, SEC.9.

5-22-7.5-8. Repealed

As added by P.L.93-2004, SEC.9. Repealed by P.L.160-2006, SEC.11.