Terms Used In Indiana Code 5-22-15-14

  • adjusted offer: means the offer price of an offeror for preferred supplies as determined under section 10 of this chapter. See Indiana Code 5-22-15-3
  • Contract: A legal written agreement that becomes binding when signed.
  • preferred supplies: means supplies that are given a preference under this chapter. See Indiana Code 5-22-15-4
   Sec. 14. The price paid for preferred supplies purchased under a contract awarded under this chapter shall be the price offered for the supplies and not the adjusted offer price of the supplies.

As added by P.L.49-1997, SEC.1.