Sec. 4. (a) “Procurement” includes buying, purchasing, renting, leasing, or otherwise acquiring.

     (b) The term includes the following activities:

Terms Used In Indiana Code 9-14.1-1-4

  • Contract: A legal written agreement that becomes binding when signed.
(1) Description of requirements.

(2) Solicitation or selection of sources.

(3) Preparation and award of contract.

(4) All phases of contract administration.

(5) All functions that pertain to purchasing or procuring.

[Pre-2016 Revision Citation: 9-16-2-1.]

As added by P.L.198-2016, SEC.195.