Sec. 2155.085. REVERSE AUCTION PROCEDURE. (a) The comptroller shall:
(1) purchase goods or services using the reverse auction procedure whenever:
(A) the procedure provides the best value to the state; or
(B) all purchasing methods provide equal value to the state;
(2) offer historically underutilized businesses assistance and training relating to the reverse auction procedure; and
(3) advise historically underutilized businesses on contracts available using the reverse auction procedure.
(b) The comptroller shall set a goal of purchasing at least 20 percent of the dollar value of goods or services purchased by the comptroller using the reverse auction procedure.
Added by Acts 2005, 79th Leg., Ch. 1013 (H.B. 908), Sec. 2, eff. September 1, 2005.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 1071 (H.B. 1524), Sec. 22, eff. September 1, 2019.
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