Alabama Statutes

§ 41-4-114 — Definitions

Alabama·Title 41 State Government·Ch. 4 Department of Finance·Art. 5 Division of Purchasing·Div. 1 General Provisions
(a)For purposes of this article, the following words have the following meanings:
(1)BUSINESS. Any corporation, partnership, individual, sole proprietorship, joint stock company, joint venture, or other private legal entity.
(2)CAPITAL EQUIPMENT. Tangible personal property that can be appraised for value, is not disposable or consumable, is stand alone, and has a useful life of one year or more.
(3)CHANGE ORDER. A written order signed by the procurement officer directing the contractor to make changes that the changes clause of the contract authorizes the procurement officer to order without the consent of the contractor.
(4)CHIEF PROCUREMENT OFFICER. The individual holding the position created in Section 41-4-120, as the head of the Division of Procurement .
(5)CONTINGENCY FEE CONTR

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Legislative History

(Act 2021-296, §2; Act 2023-542, §1.)

Nearby Sections

15
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