Reverse auction; revise method of receiving bids through for agencies and governing authorities.

HB 329 changes how state agencies and local governing authorities (like counties) must obtain bids for purchases over $75,000. It requires reverse auctions - where vendors compete to lower prices - as the standard method for most procurement, except for specific cases. If an agency or local body decides not to use a reverse auction, they must provide a written explanation and get approval from a designated board or governing body. The bill also specifies that reverse auctions cannot be used for public construction projects (like roads or buildings) or for schools buying educational materials.