Mo. Code Regs. Ann. tit. 1, § 40-1.030
Definitions
Effective May 30, 1998section 34.050, RSMo Supp. 1997.* Original rule filed Oct. 15, 1992, effective June 7, 1993. Rescinded and readopted: Filed Oct. 20, 1997, effective May 30, 1998. *Original authority 1939, amended 1945, 1993, 1995Purchasing and Materials Management
PURPOSE: This rule defines terms used in this chapter.
(1) As used in this chapter unless the content clearly indicates otherwise, the following terms shall mean:
- (A) Bid/proposal security. A financial guarantee that the bidder, if selected, will accept the contract as bid;
- (B) Commissioner. The commissioner of the Office of Administration;
- (C) Contract. A legal and binding agreement between two (2) or more competent parties, for a consideration for the procurement of supplies;
- (D) Debarment. An exclusion from contracting with the state for an indefinite period of time;
- (E) Director. The director of the Division of Purchasing and Materials Management;
- (F) Division. The Division of Purchasing and Materials Management within the Office of Administration;
- (G) Joint venture. An association of two
(2) or more businesses to carry out a single business enterprise for profit for which purpose they combine their property, capital, efforts, skills and knowledge;
- (H) Minority. The definition contained in section 33.750, RSMo is incorporated by reference;
- (I) Minority business enterprise (MBE). The definition contained in section 37.020, RSMo is incorporated by reference;
- (J) Multiple award. A purchase order or contract awarded to two (2) or more bidders required to meet the needs of agencies;
- (K) OA. The Office of Administration;
- (L) On-site review. The observation of the vendor in its normal business surroundings by such means as visual observation, verbal questions, and a determination of the general pattern of operations of the vendor;
- (M) Performance security. A financial guarantee that the successful bidder will complete the contract as agreed;
- (N) Solicitation. The process of notifying prospective bidders that the state wishes to receive bids or proposals to provide supplies. The term includes request for proposal (RFP), request for quotation (RFQ), invitation for bid (IFB) and any other appropriate procurement method;
- (O) State. The state of Missouri;
- (P) Suspension. An exclusion from contracting with the state for a temporary period of time; and
- (Q) Women business enterprise or (WBE). The definition contained in section 37.020, RSMo is incorporated by reference.
AUTHORITY: section 34.050, RSMo Supp. 1997.* Original rule filed Oct. 15, 1992, effective June 7, 1993. Rescinded and readopted: Filed Oct. 20, 1997, effective May 30, 1998. *Original authority 1939, amended 1945, 1993, 1995.