Terms and Definitions
- A-D
- E-O
- P-Z
Acquisition: Items, products, materials, supplies, services and equipment a state agency acquires by purchase, lease purchase, lease with option to purchase, or rental pursuant to the Oklahoma Central Purchasing Act.
Addendum: A written modification to a contract.
Alteration: A modification an offeror makes to a solicitation response prior to the response due date.
Alternate or Alternative Offer: An offer, which contains an intentional substantive variation to a basic provision, specification, term or condition of the solicitation.
Amendment: A written change, addition, correction, or revision to a solicitation made by the state agency responsible for making the acquisition.
Bid: An offer in the form of a bid, proposal or quote an offeror submits in response to a solicitation.
Bidder: An individual or business entity that submits a bid or proposal in response to an invitation to bid or a request for proposal. When used in this Chapter, bidder is synonymous with a "supplier" , "vendor", or "offeror" responding to a solicitation.
Business Entity: Any individual, business, partnership, joint venture, corporation, S-corporation, limited liability corporation, limited liability partnership, limited liability limited partnership, sole proprietorship, joint stock company, consortium, or other legal entity recognized by statute.
COTS: Commercial off the Shelf.
Contract: The final agreement under which the services and/or products shall be governed.
Contractor: The Business Entity with whom the State enters into this contract.
Close of Business: 5:00PM Central Time
Closing Date: The date the RFP closes, also proposal opening date, and response due date.
