Louisiana Administrative Code
Title 34 - GOVERNMENT CONTRACTS, PROCUREMENT AND PROPERTY CONTROL
Part XIII - University Pilot Procurement Code
Chapter 6 - Reverse Auctions
Section XIII-603 - Application
Universal Citation: LA Admin Code XIII-603
Current through Register Vol. 50, No. 9, September 20, 2024
A. Where the university utilizes the reverse auction process on behalf of a single institution, the CPO shall:
1. determine it
is in the best interest of the university to use electronic online
bidding;
2. determine
specifications and terms and conditions for the procurement.
B. When applicable, prequalified products for a particular solicitation shall be announced seven days prior to the beginning of the auction.
AUTHORITY NOTE: Promulgated in accordance with R.S. 17:3139-3139.7 as amended by Act 749 of 2014.
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