California Statutes
§ 12101.7. — 12101.7. (Added by Stats. 2003, Ch. 266, Sec. 2.)
California·Code PCC Public Contract Code - PCC·Div. 2. DIVISION 2. GENERAL PROVISIONS·Part 2. PART 2. CONTRACTING BY STATE AGENCIES·Ch. 3. CHAPTER 3. Acquisition of Information Technology Goods and Services
(a)Notwithstanding the sealed bidding provisions of this chapter, reverse auctions may be utilized for the acquisition of information technology, in accordance with the procedures set forth in Section 10290.3.
(b)For purposes of this section, “reverse auction” means a competitive online solicitation process for fungible information technology in which vendors compete against each other online in real time in an open and interactive environment.
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California § 12101.7. (12101.7. (Added by Stats. 2003, Ch. 266, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2003, Ch. 266, Sec. 2. Effective January 1, 2004.