Indiana Code > Title 5 > Article 22 > Chapter 15 – Purchasing Preferences
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Terms Used In Indiana Code > Title 5 > Article 22 > Chapter 15 - Purchasing Preferences
- absolute preference: means a requirement that a governmental body must purchase supplies described under this chapter, regardless of price. See Indiana Code 5-22-15-2
- 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.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- preferred supplies: means supplies that are given a preference under this chapter. See Indiana Code 5-22-15-4
- price preference percentage: means the percentage preference provided by this chapter for a specified kind or item of supplies. See Indiana Code 5-22-15-5
- Statute: A law passed by a legislature.
- total adjusted offer: means the sum of the offers and adjusted offers of an offeror for each item of supplies. See Indiana Code 5-22-15-6
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
- veteran: includes "Hoosier veteran" and applies to the construction of all Indiana statutes, unless the construction is expressly excluded by the terms of the statute, is plainly repugnant to the intent of the general assembly or of the context of the statute, or is inconsistent with federal law. See Indiana Code 1-1-4-5