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Current as of January 01, 2024 | Updated by Findlaw Staff
(A) As used in this section, “reverse auction” means a purchasing process in which offerors submit bids in competing to sell services or supplies in an open environment via the internet.
(B) Whenever the director of administrative services determines that the use of a reverse auction is advantageous to the state, the director, in accordance with rules the director shall adopt, may purchase services or supplies by reverse auction.
(C) The director, by rule, may authorize a state agency that is authorized to purchase services or supplies directly to purchase them by reverse auction in the same manner as this section and the rules adopted under this section authorize the director to do so.
Cite this article: FindLaw.com - Ohio Revised Code Title I. State Government § 125.072 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-i-state-government/oh-rev-code-sect-125-072/
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 before relying on it for your legal needs.
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