MO HB1633

Repeals section 34.042 and enacts two new sections (34.042 and 34.049) relating to competitive procurement and reverse auctions for state purchases.

Authorizes the Commissioner of Administration to conduct reverse auctions for purchasing specific commodities, exempting reverse auctions from standard competitive proposal advertising requirements.

Requires all bid criteria to be established before reverse auction bidding begins and mandates that all vendors meet all requirements at the time of bidding.

Limits reverse auction use to purchases of large quantities of highly standardized, readily available commodities where selection depends solely on price and a reasonable number of qualified competitors are available.

Requires participating vendors in reverse auctions to see the best price offered at all times during the bidding process.