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Reverse Auction in Rhode Island
Rhode Island Statutes Title 37. Public Property and Works Chapter 37-2. State Purchases § 37-2-15. Source selection and contract formation - Statutory provisions As used in this chapter unless the context in which they are used clearly requires a different meaning: (1) "Cost-reimbursement contract" shall mean a contract under which the state reimburses the con...
Rhode Island Law on Auctioneer’s Duty to State on Auction Sales
Rhode Island Statutes Title 44. Taxation Chapter 44-21. Duty on Auction Sales Chapter 44-21. Duty on Auction Sales [Combined] • § 44-21-1. Sales subject to duty • § 44-21-2. Duty imposed - Apportionment between state and city or town • § 44-21-3. Amount on which duty based - Retention and payment by auctioneer • § 44-21-4. Bidd...
When Sale of Auction Lot Final Rhode Island
Rhode Island Statutes Title 6A. Uniform Commercial Code Chapter 6A-2. Sales Part 6A-2-301. General Obligation and Construction of Contract § 6A-2-328. Sale by auction (1) In a sale by auction if goods are put up in lots each lot is the subject of a separate sale. (2) A sale by auction is complete when the auctioneer so announces by the fall of the ham...
Rhode Island Law on Vendor Prequalification for Electronic Reverse Auctions
Rhode Island Statutes Title 37. Public Property and Works Chapter 37-2. State Purchases § 37-2-25.1. Prequalification of vendors for electronic reverse auctions (a) Potential bidders shall be prequalified for participation in each electronic auction. (b) A request for qualifications shall be issued stating the intent to conduct a reverse auction in acc...
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