A local government may purchase goods or services through a competitive reverse auction process that allows offerors to bid on specified goods or services electronically and adjust bid pricing during a specified time period.
This authorization shall not apply to:
- Construction services other than those relating to maintenance, repairs and renovations costing less than $25,000;
- Architectural or engineering services;
- New or unused motor vehicles unless manufactured for a special purpose; or
- New or unused construction equipment.
Other rules and restrictions apply.
The T.C.A. citation for this topic is T.C.A. § 12-3-1208.