Summary of the Introduced Bill

HB 312 -- State Purchases

Sponsor:  Smith (118)

This bill allows the Commissioner of the Office of
Administration to use the reverse auction procurement method to
purchase goods and nonprofessional services if the commissioner
believes the method will result in savings to the state.  The
reverse auction procurement method allows bidders to bid on
specified goods or nonprofessional services through real-time
electronic bidding.  Bidders' prices are revealed, and bidders
have an opportunity to modify their bid prices during the bidding
period.

The purchase amount requiring competitive bids is changed from
$3,000 to $5,000; and obsolete provisions of Chapter 34, RSMo,
are repealed.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:18 pm