Section 10290.3 Of Article 1. Definitions From California Public Contract Code >> Division 2. >> Part 2. >> Chapter 2. >> Article 1.
10290.3
. (a) Notwithstanding the bidding provisions of this
chapter, reverse auctions may be utilized for the acquisition of
goods and services. The reverse auction process shall include a
specification of an opening date and time when real-time electronic
bids may be accepted, and provide that the procedure shall remain
open until the designated closing date and time.
(b) All bids on reverse auctions shall be posted electronically on
the Internet, updated on a real-time basis, and shall allow
registered bidders to lower the price of their bid below the lowest
bid posted on the Internet.
(c) The Department of General Services shall require vendors to
register before the reverse auction opening date and time, and as
part of the registration, agree to any terms and conditions and other
requirements of the solicitation. The Department of General Services
may require vendors to be prequalified prior to placing bids in a
reverse auction.
(d) For purposes of this section, "reverse auction" means a
competitive online solicitation process for fungible goods or
services in which vendors compete against each other online in real
time in an open and interactive environment.
(e) The reverse auction process may not be used for bidding on any
construction contract that is subject to Chapter 1 (commencing with
Section 10100).