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H.B. 245 Enrolled

                 

UTAH PROCUREMENT CODE - REVERSE AUCTIONS

                 
2001 GENERAL SESSION

                 
STATE OF UTAH

                 
Sponsor: Martin R. Stephens

                  This act modifies the procurement code by authorizing the use of reverse auctions to award
                  contracts. The act requires the Procurement Policy Board to make rules to govern the
                  reverse auction process.
                  This act affects sections of Utah Code Annotated 1953 as follows:
                  ENACTS:
                      63-56-20.1, Utah Code Annotated 1953
                  Be it enacted by the Legislature of the state of Utah:
                      Section 1. Section 63-56-20.1 is enacted to read:
                      63-56-20.1. 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 include the
                  use of electronic media; and
                      (b) bids are opened and made public immediately, and bidders given opportunity to submit
                  revised, lower bids, until the bidding process is complete.
                      (2) (a) Notwithstanding the requirements of this chapter, contracts may be awarded
                  through a reverse auction.
                      (b) The policy board shall make rules, consistent with this chapter, governing a reverse
                  auction process.


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