California Public Contract Code 12101.7 – (a) Notwithstanding the sealed bidding provisions of this …
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(a) Notwithstanding the sealed bidding provisions of this chapter, reverse auctions may be utilized for the acquisition of information technology, in accordance with the procedures set forth in Section 10290.3.
(b) For purposes of this section, “reverse auction” means a competitive online solicitation process for fungible information technology in which vendors compete against each other online in real time in an open and interactive environment.
Terms Used In California Public Contract Code 12101.7
- Procedures: means the rules, methods, and practices to be followed in conducting information technology procurements. See California Public Contract Code 12100.7
(Added by Stats. 2003, Ch. 266, Sec. 2. Effective January 1, 2004.)