Common use of Reverse Auction Clause in Contracts

Reverse Auction. Notwithstanding any other provision of this Section and in accordance with rules adopted by the chief procurement officer, that chief procurement officer may procure supplies or services through a competitive electronic auction bidding process after the chief procurement officer determines that the use of such a process will be in the best interest of the State. The chief procurement officer shall publish that determination in his or her next volume of the Illinois Procurement Bulletin. An invitation for bids shall be issued and shall include

Appears in 2 contracts

Sources: Illinois Power Agency Act, Illinois Power Agency Act