34 Tex. Admin. Code § 20.212 - Reverse Auction

Pursuant to Government Code, § 2155.062(a)(4) and (d), the comptroller may use the reverse auction procedure as a method of purchasing goods and services. In this competitive method of purchasing, bidding is a real time process lasting for a specified period of time, during which multiple suppliers anonymous to each other submit bids to provide the designated goods or services to an internet location.

Notes

34 Tex. Admin. Code § 20.212

The provisions of this §20.212 adopted to be effective November 11, 2004, 29 TexReg 10250; transferred effective September 1, 2007, as published in the Texas Register July 6, 2007, 32 TexReg 4237; Adopted by Texas Register, Volume 42, Number 03, January 20, 2017, TexReg 233, eff. 1/24/2017