(A) In accordance with I.C. 5-22-7-8, the purchasing agency must award a contract for the purchase of supplies with reasonable promptness by written notice to the lowest responsible and responsive bidder.
(B) If the contract is not awarded to the lowest bidder, the purchasing agent must indicate the reasons for the award in writing.
(C) As provided in the invitation to bid, the third party conducting the reverse auction may impose a fee as a term of the contract for a purchase made by means of a reverse auction.
(Res. 2007-24, passed 11-12-2007)