COMPOSITIONS OF THE AUCTIONS BOARD

The Auctions Boards shall be organized in order to take care of the Formal Auctions of the Department as well as for all duties and functions that are specified in this Regulation. A. The Auctions Board shall be composed of three (3) official members, appointed by the Secretary, or his authorized representative, for a term of not less than two (2) years, extendable to a term of two (2) additional years. No member of the Board shall serve as such for more than two consecutive terms. None of the members may carry out functions related, directly or indirectly, to the steps for the acquisition or sale of goods or services of the Department. B. Types of Members -The members of the Board shall be classified as follows: 1. The members shall be three (3) and shall be appointed by the Secretary or his authorized representative. The Secretary shall appoint the President and two (2) members, from which one (1) shall execute the functions of the Secretary of the Board. 2. Substitute Members The Secretary, or his authorized representative, shall appoint one (1) person in order to substitute any member who may not assist to a meeting due to any justified cause.