Sec. 4a-60b. Reverse auctions. Use by contracting agencies authorized. - Connecticut Statutes

      Sec. 4a-60b. Reverse auctions. Use by contracting agencies authorized. (a) For the purposes of this section:

      (1) "Reverse auction" means an on-line bidding process in which qualified bidders or qualified proposers, anonymous to each other, submit bids or proposals to provide goods or supplies pursuant to an invitation to bid or request for proposals; and

      (2) "Contracting agency" means a state agency with statutory authority to award contracts for goods or supplies, or a political subdivision of the state or school district.

      (b) Notwithstanding any provision of the general statutes, whenever a contracting agency determines that the use of a reverse auction is advantageous to the contracting agency and will ensure a competitive contract award, the contracting agency may use a reverse auction to award a contract for goods or supplies, in accordance with any applicable requirement of the general statutes and policies of the contracting agency. The contracting agency may contract with a third party to prepare and manage any such reverse auction.

      (P.A. 08-141, S. 1.)

      History: P.A. 08-141 effective June 5, 2008.