2006 Utah Code - 63-56-402 — Contracts awarded by reverse auction.

     63-56-402.   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.

Renumbered and Amended by Chapter 25, 2005 General Session