New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 34 - LOCAL PUBLIC AND PUBLIC SCHOOL CONTRACTS LAWS
Subchapter 5 - ELECTRONIC PROCUREMENT
Section 5:34-5.6 - Reverse auctions generally

Universal Citation: NJ Admin Code 5:34-5.6

Current through Register Vol. 56, No. 18, September 16, 2024

(a) A local unit may only utilize a reverse auction for purchases of energy and commodities.

(b) If the local unit is utilizing an electronic procurement platform with a reverse auction format, the local unit shall publish all required notices and advertisements in one or more newspapers pursuant to the Local Public Contracts Law or Public School Contracts Law, as applicable. In addition to the content required pursuant to N.J.A.C. 5:34-5.5(a)1, the advertisement shall also include the period when bids will be accepted and reference the local unit's right to reject all bids pursuant to law. Bidding must either take place, or close, no earlier than 10 days after the date of newspaper publication.

(c) Bidders shall not be able to view the identity of other bidders in the reverse auction while the auction is in progress.

(d) Unless otherwise specified under this subchapter, all bidders shall upload, to the platform, any documents or information that are required to accompany a bid pursuant to the Local Public Contracts Law or the Public School Contracts Law by no later than when a bidder places its first bid.

(e) The Director shall have the sole discretion to establish a pilot program evaluating the feasibility of reverse auctions for other goods and services procurements.

Disclaimer: These regulations may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.