Sec. 4a-60b. Reverse auctions. Use by contracting agencies authorized.
               	 		
      Sec. 4a-60b. Reverse auctions. Use by contracting agencies authorized. (a) For 
the purposes of this section:
      (1) "Reverse auction" means an on-line bidding process in which qualified bidders 
or qualified proposers, anonymous to each other, submit bids or proposals to provide 
goods or supplies pursuant to an invitation to bid or request for proposals; and
      (2) "Contracting agency" means a state agency with statutory authority to award 
contracts for goods or supplies, or a political subdivision of the state or school district.
      (b) Notwithstanding any provision of the general statutes, whenever a contracting 
agency determines that the use of a reverse auction is advantageous to the contracting 
agency and will ensure a competitive contract award, the contracting agency may use 
a reverse auction to award a contract for goods or supplies, in accordance with any 
applicable requirement of the general statutes and policies of the contracting agency. 
The contracting agency may contract with a third party to prepare and manage any such 
reverse auction.
      (P.A. 08-141, S. 1.)
      History: P.A. 08-141 effective June 5, 2008.