Okla. Stat. tit. 19, § 19-1801: Reverse auction bidding

A. A county of the state is authorized to use a reverse auction

bidding procedure to obtain bids for the purchase of goods or

services of any type or kind. The reverse auction shall be a real-

time bidding process taking place at a previously scheduled time and

Internet location and for a previously established duration, in

which multiple suppliers, anonymous to each other, submit bids to

provide the goods or services. The reverse auction procedure may be

used as an alternative to any state law applicable to the purchase

of the goods or services.

B. The procedure shall provide:

1. A bid opening and bid closure. At the opening date and

time, the county shall begin accepting reverse auction electronic

bids. Reverse auction bids shall be accepted until the bid closure,

except as provided by paragraph 6 of this subsection, unless the

county determines it is in the best interest of the county to extend

the closing time and notifies the reverse auction bidders of the

extended closing time by public announcement at the Internet

location at least fifteen (15) minutes prior to the original closing

time;

2. The posting of all reverse auction bids electronically and

updating of bids on a real-time basis by the county;

3. The authorization for the county to require bidders to

register before the opening date and time and, as part of that

registration, require bidders to agree to any terms, conditions or

other requirements of the solicitation or applicable acts;

4. The authorization for the county to also require potential

bidders to prequalify as bidders and to restrict solicitations to

prequalified online and reverse auction bidders;

5. The retention of the authority of the county to determine

the criteria that will be used as the basis for making awards; and

6. The authorization for the county to determine it is in the

best interest of the county to allow it to accept an electronic bid

after the specified official closing date and time, in the event the

county determines that a significant error or event occurred that

affected the electronic receipt of any reverse auction bid by the

county.

C. All bids submitted electronically through the reverse

auction bidding process pursuant to this section are subject to the

same public disclosure laws that govern bids received pursuant to

any other law of this state governing procurement procedures for a

county.

D. All remedies available to the county and suppliers through a

bid process pursuant to any other law of this state are also

available to the county reverse auction bidders in a reverse auction

bidding process.