PART 3Award of public contracts and procedures

CHAPTER 2Competitive award

Awarding contracts by reference to dynamic markets

I139Dynamic market notices

1

A notice under this section is called a “dynamic market notice”.

2

Before establishing a dynamic market, a contracting authority must publish a notice setting out—

a

that the authority intends to establish a dynamic market, and

b

any other information specified in regulations under section 95.

3

As soon as reasonably practicable after establishing a dynamic market, the contracting authority must publish a notice setting out—

a

that the dynamic market has been established, and

b

any other information specified in regulations under section 95.

4

As soon as reasonably practicable after modifying a dynamic market, the contracting authority must publish a notice setting out—

a

the modifications made to the market, and

b

any other information specified in regulations under section 95.

5

As soon as reasonably practicable after a dynamic market ceases to operate, the contracting authority that established the market must publish a notice setting out—

a

that the dynamic market has ceased to operate, and

b

any other information specified in regulations under section 95.

6

Subsection (5) does not apply to private utilities.