GW Law Faculty Publications & Other Works Faculty Scholarship 2005 UNCITRAL Considers Electronic Reverse Auctions, as Comparative Public Procurement Comes of Age in the U.S. Christopher R. Yukins George Washington University Law School,
[email protected] Don Wallace Jr. Follow this and additional works at: https://scholarship.law.gwu.edu/faculty_publications Part of the Government Contracts Commons Recommended Citation Christopher R. Yukins & Don Wallace Jr., UNCITRAL Considers Electronic Reverse Auctions, as Comparative Public Procurement Comes of Age in the U.S., Pub. Procurement L. Rev. (2005). This Article is brought to you for free and open access by the Faculty Scholarship at Scholarly Commons. It has been accepted for inclusion in GW Law Faculty Publications & Other Works by an authorized administrator of Scholarly Commons. For more information, please contact
[email protected]. UNCITRAL Considers Electronic Reverse Auctions, as Comparative Public Procurement Comes of Age in the U.S. Christopher R. Yukins Don Wallace, Jr.1 The United Nations Commission on International Trade Law (UNCITRAL) is revising the UNCITRAL Model Procurement Law, to reflect emerging practices in procurement. That effort, it is hoped, will yield real benefits for emerging nations that rely on the UNCITRAL model law to shape their procurement systems. In late January 2005, as part of that reform effort, the UNCITRAL Secretariat hosted a meeting of international experts in Vienna, Austria, to discuss how electronic auctions should be handled under the Model Law, and to assess the concomitant problem of unrealistically low pricing (known in the European system as "abnormally low bids"). In April 2005, an UNCITRAL working group of representatives from around the world met to develop proposed changes to the UNCITRAL Model Law.2 These efforts will, it is hoped, lead to 1 Christopher Yukins (
[email protected]) is an associate professor of government contracts law at The George Washington University Law School, and Don Wallace, Jr.