| Greenwood Community 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 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