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10.0230 Definitions.

Cite as [A.S.A.C. § 10.0230]

As used in this article, the following definitions shall apply:

(a) “Bidding time” means the time between the issuance of a solicitation and the opening of bids or the due date for proposal.

(b) “Cost-reimbursed for contract” means a contract under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms and a fee, if any.

(c) “Firm-fixed-priced contract” means a contract under which a contractor agrees to perform the work required for a price which is not subject to any adjustment.

(d) “Offer or” means a person who has submitted a proposal in response to a request for proposal.

(e) “Purchase description” means the words used in a solicitation to describe the construction, goods, or services to be procured.

(f) “Request for Proposals” means all documents utilized for soliciting proposal under the negotiation method of procurement.

History: Rule 5-84, eff 11 Jul 84, (part).