(A) The purchasing agency is authorized to use a third party to conduct reverse auction on behalf of the town for the purchase of supplies. The purchasing agent is authorized to select the third party that will conduct the reverse auction, who must have prior experience in conducting reverse auctions on behalf of local governments.
(B) The purchasing agent shall obtain a copy of the procedures established by the third party to conduct the reverse auction on behalf of the town and present those procedures to the Council for adoption and inclusion in its applicable procedures prior to participating in a reverse auction conducted by the third party.
(Res. 2007-24, passed 11-12-2007)