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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) The CPO may procure commercial products or commercial services through Reverse Auctions.
(b) The CPO may place any requirement for a commercial product or commercial service on an established online Reverse Auction exchange that would allow any bidder to competitively bid down the price of that commercial product or commercial service over a stated period of time established by the CPO.
(c) The CPO may establish an online auction exchange for the purposes of executing Reverse Auction transactions on behalf of the District.
(d) The CPO may establish an online standard auction exchange for the purpose of executing standard auction transactions on behalf of the District government.
Cite this article: FindLaw.com - District of Columbia Code Division I. Government of District. § 2-381.23. Electronic auctions. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-i-government-of-district/dc-code-sect-2-381-23/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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