Greater Clark County School Corporation
Bylaws & Policies
 

6320.01 - PURCHASING USING ONLINE REVERSE AUCTIONS

The School Board authorizes the purchasing agent to conduct a reverse auction for the purchase of supplies and transportation routes by using an Internet purchasing site for issuing an invitation for bids and receiving bids.

The purchasing agent shall establish procedures for:

 

A.

transmitting notices, solicitations, and specifications;

     
 

B.

receiving offers;

     
 

C.

making payments;

     
 

D.

protecting the identity of the bidder and the amount of an offer until the time fixed for opening the offers;

     
 

E.

providing for the display of the amount of each offer previously submitted for public viewing;

     
 

F.

establishing the deadline by which offers must be received and will be considered to be open and available for public inspection;

     
 

G.

establishing procedures for the opening of offers;

     
 

H.

maintaining adequate documentation regarding reverse auctions so that the transactions may be audited according to law.

I.C. 5-22-7.5

© Neola 2004