Int. No. 543
By: Council Members Brewer, Jackson, Clarke, Comrie, Gennaro, Gentile, Gerson, Koppell, Liu, Lopez, Perkins, Quinn, Recchia, Stewart, Weprin, Yassky and Moskowitz
A Local Law to amend the administrative code of the city of New York, in relation to a pilot program for online reverse auctions.
Be it enacted by the Council as follows:
Section 1. Chapter 1 of title 6 of the administrative code is hereby amended by adding a new section 6-111.4 to read as follows:
6-111.4. Online reverse auction pilot program. a. The mayor shall create a pilot program to determine the efficacy of online reverse auctions. The pilot program shall be for a period of eighteen months during which period the mayor shall conduct at least six online reverse auctions for purchase contracts chosen by the mayor the value of which shall not be less than one million dollars for each contract. For purposes of this section the term, “online reverse auction”, shall mean an auction for the purchase of goods by the city which is conducted online in electronic interactive format during which potential vendors bid against one another to provide goods for the city. The mayor may promulgate rules to implement the requirements of this section. The mayor shall submit a report to the Council and the Comptroller detailing the results of the online reverse auction pilot program no more than 60 days after the completion of such pilot program.
§2. This local law shall take effect forty-five days after its enactment provided that the mayor and any affected agency may take action necessary to effectuate the requirements of this section prior to the effective date.