Colorado § 24-93-103 Definitions

Colorado Statutes

§ 24-93-103 — Definitions

Colorado·Title 24 Government·Art. Construction Contracts

As used in this article, unless the context otherwise requires:

(1)Agency means any agency, department, division, board, bureau, commission, institution, or other agency of the executive, legislative, or judicial branch of state government that is a budgetary unit exercising construction contracting authority or discretion.

(2)Contract means any agreement for designing, building, altering, repairing, improving, demolishing, operating, maintaining, or financing a public project. For purposes of this article, contract includes capital construction as defined in section 24-30-1301 (2).

(3)Cost-reimbursement contract means a contract under which a participating entity is reimbursed for costs that are allowable and that is allocable in accordance with the contract terms and provi

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As used in this article, unless the context otherwise
requires:

(1) Agency means any agency, department, division, board, bureau,
commission, institution, or other agency of the executive, legislative, or judicial
branch of state government that is a budgetary unit exercising construction
contracting authority or discretion.

(2) Contract means any agreement for designing, building, altering,
repairing, improving, demolishing, operating, maintaining, or financing a public
project. For purposes of this article, contract includes capital construction as
defined in section 24-30-1301 (2).

(3) Cost-reimbursement contract means a contract under which a
participating entity is reimbursed for costs that are allowable and that is allocable
in accordance with the contract terms and provisions of this article.

(4) Integrated project delivery or IPD means a project delivery method in
which there is a contractual agreement between an agency and a single
participating entity for the design, construction, alteration, operation, repair,
improvement, demolition, maintenance, or financing, or any combination of these
services, for a public project.

(5) IPD contract means a contract using an integrated project delivery
method.

(6) Participating entity means a partnership, corporation, joint venture,
unincorporated association, or other legal entity that provides appropriately
licensed planning, architectural, engineering, development, construction, operating,
or maintenance services as needed in connection with an IPD contract.

(7) Public project means any construction, alteration, repair, demolition, or
improvement of any land, building, structure, facility, road, highway, bridge, or other
public improvement suitable for and intended for use in the promotion of the public
health, welfare, or safety and any operation or maintenance programs for the
operation and upkeep of such projects.

Colorado § 24-93-103 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2007: Entire article added, p. 1806, � 1, effective August 3. L. 2014: (2) amended, (HB 14-1387), ch. 378, p. 1852, � 62, effective June 6.