Tennessee § 12-3-513 Competitive reverse auction process

Tennessee Statutes

§ 12-3-513 — Competitive reverse auction process

Tennessee § 12-3-513

Title12

This text of Tennessee § 12-3-513 (Competitive reverse auction process) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 12-3-513 (2026).

Text

(a)For a purchase of goods and services under this chapter, the central procurement office may purchase goods and services through a competitive reverse auction process that allows responses on specified goods or services electronically and adjustments to pricing during a specified time period. An award shall be made to the offeror determined to be the lowest responsible and responsive respondent at the close of the specified solicitation period.

(b)Policies and procedures concerning this procurement methodology, including the criteria, and the evaluation process shall be developed by the central procurement office and approved by the procurement commission.

(c)This section shall not apply to:

(1)Construction services; or (2) Architectural or engineering services.

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(a) For a purchase of goods and services under this chapter, the central procurement office may purchase goods and services through a competitive reverse auction process that allows responses on specified goods or services electronically and adjustments to pricing during a specified time period. An award shall be made to the offeror determined to be the lowest responsible and responsive respondent at the close of the specified solicitation period. (b) Policies and procedures concerning this procurement methodology, including the criteria, and the evaluation process shall be developed by the central procurement office and approved by the procurement commission. (c) This section shall not apply to: (1) Construction services; or (2) Architectural or engineering services.